Monday, July 6, 2015

Aqua Pa. ups infrastructure expenditures for 2014

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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

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