This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Aqua Pennsylvania’s Southeastern Pennsylvania Reservoirs Remain Near Full While Western Counties Enter Drought Watch

Stocks in this article: WTR

Aqua Pennsylvania, Inc. (Aqua) reported today that the 10-billion-gallon reservoir system in southeastern Pennsylvania where it serves about 1 million people is at 98 percent of capacity.

Company President Steve Tagert said, “We are fortunate that Southeastern Pennsylvania is faring better than Western Pennsylvania where they are under a drought watch. Our two largest reservoirs are at or near full. The Green Lane Reservoir which holds 4.4 billion gallons of water is full and our Springton Reservoir, which holds 3.5 billion gallons, is at 95 percent capacity. While usage is up, it has been no higher than it normally is during the summer months when customers are using more water to irrigate lawns, wash cars, fill and top off swimming pools, and for recreational activities.”

Tagert warned that even with the company’s bountiful reserves in southeastern Pennsylvania customers should be responsible with their water usage. “We are well positioned to serve the essential and recreational needs of our customers, but we always want them to keep in mind that we are providing a limited natural resource that should not be wasted or taken for granted,” said Tagert. “An extraordinary dry spell coupled with the heat we are experiencing could turn the tables.”

Aqua operates five reservoirs in southeastern Pennsylvania, which collectively hold approximately 10 billion gallons of water. While its largest western Pennsylvania operation in and around the City of Sharon receives surface water, as does the Borough of Emlenton, the remainder of the systems rely on groundwater.

Aqua provides water and wastewater services to approximately 1.4 million people throughout 30 Pennsylvania counties with the bulk of its customers in southeastern Pennsylvania.


Copyright Business Wire 2010

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,030.21 +6.04 0.03%
S&P 500 2,081.88 -0.29 -0.01%
NASDAQ 4,773.4720 +8.0480 0.17%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs