Essential Utilities

Essential Utilities Named a Leader in Climate Action by USA TODAY

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木曜日, 5月 30, 2024

Essential Utilities Inc. (WTRG) proudly announces its inclusion on USA Today’s prestigious list of America’s Climate Leaders for the second consecutive year.

Key Points: 
  • Essential Utilities Inc. (WTRG) proudly announces its inclusion on USA Today’s prestigious list of America’s Climate Leaders for the second consecutive year.
  • Compiled by USA Today and Statista, the list identifies U.S. companies demonstrating the most substantial reductions in greenhouse gas (GHG) emissions over a two-year period.
  • Essential has been recognized by USA TODAY as one of America's Climate Leaders.
  • Essential will achieve this through:
    Renewable energy purchasing: Essential is actively increasing its procurement of renewable energy sources.

Essential Utilities Celebrates the Success of Its Month-Long 2024 Earth Day Celebration

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水曜日, 5月 29, 2024

Essential Utilities Inc. (NYSE: WTRG) successfully concluded its third annual Essential Earth Day, a 30-day program dedicated to environmental stewardship and community engagement.

Key Points: 
  • Essential Utilities Inc. (NYSE: WTRG) successfully concluded its third annual Essential Earth Day, a 30-day program dedicated to environmental stewardship and community engagement.
  • “The team’s enthusiasm and dedicated efforts to clean up debris, plant native trees and install protective cages truly makes a difference.”
    Essential Earth Day is a vital component of the company’s long-term environmental commitment.
  • Since the program’s inception, Essential has donated more than $1.7 million, mobilized over 1,340 employees to volunteer, and supported environmental causes with more than 4,895 volunteer hours.
  • The company remains dedicated to providing high-quality water, reliable natural gas service, and fostering a sustainable future for generations to come.

Aqua Pennsylvania Files Rate Request Based on Water and Wastewater Operations, Infrastructure Improvements and Repairs Across the Commonwealth

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木曜日, 5月 23, 2024

Aqua Pennsylvania Inc. (Aqua) filed an application with the Pennsylvania Public Utility Commission (PUC) today requesting an adjustment in water and wastewater rates for its customers.

Key Points: 
  • Aqua Pennsylvania Inc. (Aqua) filed an application with the Pennsylvania Public Utility Commission (PUC) today requesting an adjustment in water and wastewater rates for its customers.
  • “We are at a critical point when it comes to our water and wastewater infrastructure here in Pennsylvania and across the country,” said Aqua Pennsylvania President Marc Lucca.
  • Aqua is requesting an overall rate increase of $126.7 million per year for its water and wastewater operations.
  • Customers can call Aqua at 877.987.2782 for more information about the rate request.

Aqua Pennsylvania Secures up to $6.7 Million PENNVEST Grant for PFAS Treatment Facility Serving 25,000 People in Bucks County

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火曜日, 5月 21, 2024

Aqua Pennsylvania announced today it has secured grant funding through the Pennsylvania Infrastructure Investment Authority (PENNVEST) to construct PFAS treatment at its Edgely Water Treatment facility in Bristol Township.

Key Points: 
  • Aqua Pennsylvania announced today it has secured grant funding through the Pennsylvania Infrastructure Investment Authority (PENNVEST) to construct PFAS treatment at its Edgely Water Treatment facility in Bristol Township.
  • The grant, which provides funding up to $6.7 million, will allow Aqua Pennsylvania to complete the installation of this treatment at no cost to Aqua customers.
  • This new facility will provide additional treatment that will remove PFAS from drinking water for about 25,000 people in Bristol Township and Bristol Borough.
  • Aqua will install six 7-foot diameter filter vessels that will use an ion exchange media to remove PFAS and meet regulatory limits.

Essential Utilities Recognized as Best Commercial Fleet in Americas by the National Fleet Management Association

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金曜日, 5月 17, 2024

Essential Utilities Inc. has topped the list of the Best 100 Fleets in the Americas.

Key Points: 
  • Essential Utilities Inc. has topped the list of the Best 100 Fleets in the Americas.
  • The distinguished award was announced by the National Fleet Management Association (NAFA).
  • Essential earned the number one spot in the commercial category, besting thousands of other companies.
  • Aqua Fleet Manager Kevin Grafstrom accepted the award for Best Commercial Fleet on behalf of Essential at NAFA’s 2024 Institute & Expo in San Antonio, TX.

Essential Utilities Celebrates Infrastructure Week, Announces 2024 Infrastructure Upgrades

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月曜日, 5月 13, 2024

Since uniting under Essential in 2020, the company has allocated over $4 billion toward critical infrastructure enhancements.

Key Points: 
  • Since uniting under Essential in 2020, the company has allocated over $4 billion toward critical infrastructure enhancements.
  • “One of the greatest challenges facing the United States is the rehabilitation of our nation’s infrastructure,” said Christopher Franklin, chairman and CEO of Essential Utilities.
  • Infrastructure Week serves as a reminder of the vital role that infrastructure plays in supporting communities and driving economic growth.
  • Essential Utilities continues to lead by example, demonstrating a steadfast commitment to investing in the future and delivering essential resources across its service territory.

Essential Utilities Announces Election of Christopher Bruner and Tamara Linde to Board of Directors

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木曜日, 5月 2, 2024

Essential Utilities Inc. (NYSE: WTRG) announces Christopher Bruner and Tamara Linde as the newest members of its board of directors.

Key Points: 
  • Essential Utilities Inc. (NYSE: WTRG) announces Christopher Bruner and Tamara Linde as the newest members of its board of directors.
  • Mr. Bruner will chair Essential’s audit committee and serve on the executive compensation committee.
  • Ms. Linde will serve on the corporate governance committee and the risk mitigation and investment policy committee.
  • View the full release here: https://www.businesswire.com/news/home/20240502139650/en/
    Essential Utilities Announces Election of Christopher Bruner to Board of Directors.

Essential Utilities Reports Financial Results for Q1 2024

Retrieved on: 
木曜日, 5月 2, 2024

Essential Utilities Inc. (NYSE: WTRG) today reported results for the first quarter ended March 31, 2024.

Key Points: 
  • Essential Utilities Inc. (NYSE: WTRG) today reported results for the first quarter ended March 31, 2024.
  • “Although our gas footprint experienced warmer than normal winter weather in Q1 2024, we remain focused on and expect to post strong results for the year,” said Essential Utilities Chairman and Chief Executive Officer Christopher Franklin.
  • “In Q1 2024, the company completed the $165 million sale of its three non-utility microgrid and district energy projects in Pittsburgh.
  • This dividend will be payable on June 1, 2024, to shareholders of record on May 10, 2024.

CUB, UNIVERSITY PARK CALL FOR CUTTING AQUA RATE-HIKE REQUEST BY 40%

Retrieved on: 
木曜日, 5月 2, 2024

The testimony uncovered at least $7.6 million in overcharges proposed by Aqua, or about 40 percent of the company's rate-hike request.

Key Points: 
  • The testimony uncovered at least $7.6 million in overcharges proposed by Aqua, or about 40 percent of the company's rate-hike request.
  • "Our testimony shows that Aqua Illinois' rate-hike request is unjust and unreasonable," CUB Executive Director Sarah Moskowitz said.
  • Aqua is asking for an excessive increase in its "Return on Equity" (ROE)—or profit rate for shareholders—from 9.6 percent to 10.8 percent.
  • While Aqua says the problem in University Park has been fixed, years later some customers were still drinking bottled water because they didn't trust the company.

Essential Utilities Donated $5.5 Million in 2023 to Strengthen Communities Across Service Territory

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木曜日, 4月 25, 2024

Essential Utilities (NYSE: WTRG) today released its 2023 Community Impact Report , announcing $5.5 million in giving to more than 450 organizations serving communities across its nine-state service territory last year.

Key Points: 
  • Essential Utilities (NYSE: WTRG) today released its 2023 Community Impact Report , announcing $5.5 million in giving to more than 450 organizations serving communities across its nine-state service territory last year.
  • Of this total, $5 million was donated directly to 501(c)3 organizations.
  • The company increased its charitable contributions by more than $1 million compared to 2022.
  • Fall for Food Banks: An annual partnership program across the company’s service territory to support local food banks through charitable donations, food collections and volunteer events.