Aqua Pa. ups infrastructure expenditures for 2014
Aqua Pennsylvania, the state operating subsidiary of Bryn Mawr-based Aqua America Inc., announced Wednesday it will spend $230 million in infrastructure improvements in 2014, compared to $216 million in 2013.
About $124 million will be spent in Bucks, Chester, Delaware and Montgomery counties.
Infrastructure improvements are critical to maintaining aging water systems, but also to improving a utility's earnings, since they typically are allowed to recover the costs from ratepayers.
- Andrew Maykuth