Aqua America Plans Over $555 Million in Capital Investment in 2019
May 13 2019 - 7:30AM
Business Wire
In conjunction with Infrastructure Week, Aqua
highlights life-improving projects taking place in the communities
it serves
Aqua America Inc. (NYSE: WTR) is recognizing the seventh annual
Infrastructure Week, May 13-20, 2019, helping raise awareness of
the critical state of infrastructure across the United States. A
leading contributor to water and wastewater infrastructure repair
and replacement, Aqua plans to invest more than $555 million this
year across the eight states where the company operates to improve
systems.
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Aqua plans to invest more than $555
million in 2019 to improve its water and wastewater systems.
(Photo: Business Wire)
“As one of the largest water and wastewater utilities in the
country, Aqua is committed to thoughtful and continuous investment
in the infrastructure that delivers water and wastewater service to
our customers safely and reliably,” said Aqua Chairman and CEO
Christopher Franklin. “We strongly believe capital investments from
private utility companies can be a large part of the solution to
the country’s infrastructure problems. Infrastructure Week is an
excellent opportunity to showcase how our team’s work to replace
aging infrastructure improves the lives of our customers.”
The dire state of water infrastructure in the U.S. has been well
documented. In a recent study published by Utah State University,
researchers found water main break rates have increased 27% in the
past six years alone. The EPA also reports that there are
approximately 240,000 water main breaks per year in the U.S., with
approximately $2.6 billion lost as water mains leak trillions of
gallons of treated drinking water. These statistics quantify the
need for increased investment in the nation’s water infrastructure
and underscore why Aqua is so committed to this cause.
Making these improvements translates to meaningful system
impacts. Through Aqua’s $1 billion investment in infrastructure in
southeast Pennsylvania between 2000 and 2015, customers have seen a
reduction from nearly 25 main breaks per 100 miles of pipe, to
fewer than 10 main breaks per 100 miles of pipe. This reduced water
loss and the volume and cost of emergency repairs, reduced service
interruptions, and improved water service for customers.
Over the past five years across the company, Aqua has invested
$1.5 billion in infrastructure improvements, including hundreds of
miles of pipe replacement and plant upgrades. This year,
infrastructure projects are planned across all eight of Aqua's
states to ensure safe and reliable water reaches each customer.
Some of the largest projects taking place are highlighted
below.
- Aqua Indiana – A $3.2 million
rehabilitation project at Aqua Indiana’s 2-million-gallon capacity
South Haven wastewater treatment plant was completed in 2018. The
project includes a transition from the use of chlorine gas to
ultraviolet light for disinfection, an improved screening system to
better manage storm water inflow, as well as updated
energy-efficient blowers, expected to reduce electricity costs by
up to 20 percent.
- Aqua Illinois – Throughout 2019,
Aqua Illinois will carry out a major capital improvement at the
Lake Vermilion dam, originally constructed in 1925. Aqua will
replace 11 floodgates and carry out embankment and dam spillway
modifications as part of its ongoing efforts to protect this vital
water source. Construction is expected to be completed in 2020,
with efforts to minimize any lake disruption.
- Aqua New Jersey – For Aqua New
Jersey, construction is underway on a $12 million project to build
three new iron removal treatment facilities in Bayville, Berkley
Township, in Ocean County. The new facilities will treat 1.4
million gallons of water per day from a new groundwater supply
well, plus three existing groundwater supply wells. This project,
scheduled to be completed by the end of August 2019, will help
provide safe and reliable water for customers by removing naturally
occurring iron from groundwater supply wells, while also supporting
the growing community in Berkley Township.
- Aqua North Carolina – Aqua
North Carolina is completing installation of six new filter systems
to address discolored water in Wake County. Since August 2018,
crews have been working on installing new iron and manganese
filters that will remove naturally occurring minerals from the
water before it enters the community’s distribution pipes. The
total cost of all six filter installations is estimated at nearly
$2.1 million and all projects are expected to be completed by
mid-2019. Aqua currently has an additional eight filter projects
set to begin throughout North Carolina and another 12 currently
under review with the North Carolina Public Staff – the independent
agency that reviews, investigates and makes appropriate
recommendations to the North Carolina Utilities Commission with
respect to the reasonableness of rates charged and the adequacy of
service provided by any public utility.
- Aqua Ohio – Aqua Ohio’s
Struthers water treatment plant, in service since 1916, is
undergoing a $12 million renovation to the include new chemical
storage and injection buildings and chemical feed systems, three
new 146,000-gallon contact clarifier tanks and new electrical
building and equipment. The main purpose of the plant renovation is
to replace equipment that has reached the end of its expected
useful life, modernize treatment techniques for operational
efficiency and to meet future supply and regulatory demands.
- Aqua Pennsylvania – This year, a
large part of Aqua Pennsylvania’s $323 million capital
infrastructure program will be spent replacing aging water mains.
Aqua credits its main replacement program with a dramatic reduction
in service interruptions caused by main breaks in southeastern
Pennsylvania. In 2000, the number of main breaks per 100 miles of
pipe was 25. By the end of 2018, following an investment of $1.2
billion, the number of breaks per 100 miles of main has been
reduced by more than 60% to fewer than 10. Aqua plans to replace an
additional 600 miles of water main between 2019 and 2023.
- Aqua Texas – Aqua Texas is
building its first-ever surface water treatment plant to serve
Barton Creek Lakeside, a community on Lake Travis about 30 miles
northwest of Austin. Aqua currently serves customers in this area
from groundwater wells, but supply has decreased as drought
conditions have caused groundwater levels to decline. Aqua designed
its surface water treatment plant to meet the challenges of Texas
weather, like hurricanes and heavy rain, that can increase the
cloudiness of water and make it more difficult to treat. The
estimated cost for the project is $6.1 million, and it should be
completed by the end of 2019.
- Aqua Virginia – Last year, Aqua
Virginia completed the installation of new, larger filter systems
to replace old filters at three water treatment stations in the
Lake Land’Or subdivision in Caroline County. Aqua expects the new
filter systems to remove naturally occurring minerals from the
groundwater more effectively, make plant operations more efficient
and improve the look and taste of the water for customers. This
year, Aqua is installing a third pump for Fluvanna County’s Lake
Monticello water treatment plant, which draws water from the
Rivanna River. The new pump will help ensure sufficient water
supply for the community in case of an emergency.
Aqua America is the second-largest publicly traded water
utility based in the U.S., and serves more than 3 million people
in Pennsylvania, Ohio, North
Carolina, Illinois, Texas, New
Jersey, Indiana and Virginia.
Visit AquaAmerica.com for more information or follow Aqua
on Facebook at facebook.com/MyAquaAmerica and on Twitter
at @MyAquaAmerica.
WTRG
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Stacey HajdakMarketing & CommunicationsO: 610.520.6309M:
267.294.1866SMHajdak@AquaAmerica.com
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