This Day On The Street
Continue to site
ADVERTISEMENT
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

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

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.

WTRG

Copyright Business Wire 2010

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

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

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 18,162.99 +121.45 0.67%
S&P 500 2,123.48 +19.28 0.92%
NASDAQ 5,106.5930 +73.8420 1.47%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs