Pennsylvania American Water Completes Acquisition of Foster Township West End Wastewater System
Agreement expands company’s footprint in Luzerne County
MECHANICSBURG, Pa. (October 27, 2022) – Pennsylvania American Water, a subsidiary of American Water (NYSE: AWK), announced today that it has acquired the wastewater assets of the Foster Township West End wastewater collection system for $3.75 million. The system serves approximately 525 customers within the villages of Highland, Youngstown, Upper Lehigh and the areas of Woodside and Grove within the township.
Over the next five years, Pennsylvania American Water plans to invest more than $1.4 million in upgrades to improve the system, including targeted improvements to address inflow and infiltration, new technology and control systems, and safety and security improvements at the system’s four pump stations. Upgrades will also include wastewater main and manhole replacements.
“For many years, our company and our employees have been providing reliable water and wastewater service in northeast Pennsylvania,” said Pennsylvania American Water President Mike Doran. “We are committed to investing in the infrastructure necessary to provide reliable wastewater service to our new customers in the community.”
The township agreed to sell its wastewater system to Pennsylvania American Water in May 2021. In a letter to customers, township officials stated that use of the proceeds from the sale would be discussed at future township public meetings.
As part of the agreement, Pennsylvania American Water will adopt Foster Township’s wastewater rates. The company’s rates are regulated by the Pennsylvania Public Utility Commission (PUC) and any future rate changes would have to be reviewed and approved by the PUC. Pennsylvania American Water offers various customer assistance programs, including grants and discounted service to its low-income wastewater customers who qualify through its H2O Help to Others Program.
Since May, the company has completed acquisitions of the City of York wastewater system and the Upper Pottsgrove collection system, adding more than 46,000 customers to the company’s service area.
Pennsylvania American Water, a subsidiary of American Water (NYSE: AWK), is the largest investor-owned water utility in the state, providing high-quality and reliable water and wastewater services to approximately 2.4 million people. For more information, visit www.pennsylvaniaamwater.com and follow Pennsylvania American Water on Twitter and Facebook.
About American Water
With a history dating back to 1886, American Water (NYSE:AWK) is the largest and most geographically diverse U.S. publicly traded water and wastewater utility company. The company employs more than 6,400 dedicated professionals who provide regulated and regulated-like drinking water and wastewater services to more than 14 million people in 24 states. American Water provides safe, clean, affordable and reliable water services to our customers to help keep their lives flowing. For more information, visit amwater.com and diversityataw.com.Follow American Water on Twitter, Facebook, and LinkedIn.
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MECHANICSBURG, Pa. (October 27, 2022) – Pennsylvania American Water, a subsidiary of American Water (NYSE: AWK), announced today that it has acquired the wastewater assets of the Foster Township West End wastewater collection system for $3.75 million. The system serves approximately 525 customers within the villages of Highland, Youngstown, Upper Lehigh and the areas of Woodside and Grove within the township.
Over the next five years, Pennsylvania American Water plans to invest more than $1.4 million in upgrades to improve the system, including targeted improvements to address inflow and infiltration, new technology and control systems, and safety and security improvements at the system’s four pump stations. Upgrades will also include wastewater main and manhole replacements.
“For many years, our company and our employees have been providing reliable water and wastewater service in northeast Pennsylvania,” said Pennsylvania American Water President Mike Doran. “We are committed to investing in the infrastructure necessary to provide reliable wastewater service to our new customers in the community.”
The township agreed to sell its wastewater system to Pennsylvania American Water in May 2021. In a letter to customers, township officials stated that use of the proceeds from the sale would be discussed at future township public meetings.
As part of the agreement, Pennsylvania American Water will adopt Foster Township’s wastewater rates. The company’s rates are regulated by the Pennsylvania Public Utility Commission (PUC) and any future rate changes would have to be reviewed and approved by the PUC. Pennsylvania American Water offers various customer assistance programs, including grants and discounted service to its low-income wastewater customers who qualify through its H2O Help to Others Program.
Since May, the company has completed acquisitions of the City of York wastewater system and the Upper Pottsgrove collection system, adding more than 46,000 customers to the company’s service area.
Pennsylvania American Water, a subsidiary of American Water (NYSE: AWK), is the largest investor-owned water utility in the state, providing high-quality and reliable water and wastewater services to approximately 2.4 million people. For more information, visit www.pennsylvaniaamwater.com and follow Pennsylvania American Water on Twitter and Facebook.
About American Water
With a history dating back to 1886, American Water (NYSE:AWK) is the largest and most geographically diverse U.S. publicly traded water and wastewater utility company. The company employs more than 6,400 dedicated professionals who provide regulated and regulated-like drinking water and wastewater services to more than 14 million people in 24 states. American Water provides safe, clean, affordable and reliable water services to our customers to help keep their lives flowing. For more information, visit amwater.com and diversityataw.com.Follow American Water on Twitter, Facebook, and LinkedIn.