Aqua Pennsylvania Files Rate Request Based on Water and Wastewater Operations, Infrastructure Improvements and Repairs Across the Commonwealth
Request reflects Aqua’s commitment to reliability and service for customers
“We are at a critical point when it comes to our water and wastewater infrastructure here in
The request, Aqua’s first in almost three years, covers capital investments and system repairs that Aqua has made since
“While I’m proud of the work we have done, and will continue to do, in modernizing our water and wastewater infrastructure, I also understand rate changes can be difficult for our customers,” said Lucca. “That’s why we are aggressively seeking grants and low-interest loans to moderate rate impacts. In fact, in the past few years, we have successfully secured approximately
Aqua also offers several options for customers seeking financial assistance. “We want to help our customers with limited incomes connect with programs and resources that make utility bills more affordable,” said Director of Community Assistance Programs
Aqua’s requested base rate increase requires investigation and approval by the PUC. The rate review process can take up to nine months, which means customers can expect any approved increases to take effect at the end of
If the company’s full request were to be approved, it would increase the residential water bill for a typical customer using 3,870 gallons per month from
The process to modify base rates is transparent and involves multiple opportunities for public participation. Customers can call Aqua at 877.987.2782 for more information about the rate request.
About Aqua Pennsylvania
Aqua
About Essential
Operating as the Aqua and Peoples brands, Essential serves approximately 5.5 million people across nine states. Essential is one of the most significant publicly traded water, wastewater service and natural gas providers in the
Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which generally include words such as “believes,” “expects,” “intends,” “anticipates,” “estimates” and similar expressions. The Company can give no assurance that any actual or future results or events discussed in these statements will be achieved. Any forward-looking statements represent its views only as of today and should not be relied upon as representing its views as of any subsequent date. Readers are cautioned that such forward-looking statements are subject to a variety of risks and uncertainties that could cause the Company’s actual results to differ materially from the statements contained in this release. Such forward-looking statements include, but are not limited to, statements relating to the capital to be invested in Aqua’s water and wastewater infrastructure, that it will continue to seek and receive grants and low-interest loans, and that it will receive its requested rate increase. There are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements including the factors discussed in the Company’s Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q, which are filed with the
View source version on businesswire.com: https://www.businesswire.com/news/home/20240523953666/en/
Media:
O: 610.645.1175
PMWenger@aquawater.com
Source: