This Day On The Street
Continue to site right-arrow
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
TheStreet Open House

Miles And Miles Of New Water Mains In 2013

Miles of old water main, some of which date back to before World War I, made way for new mains as part of the hundreds of projects completed in 2013 through New Jersey American Water’s distribution system improvement effort. Nearly 300,000 feet of water main was installed or rehabilitated in 2013, as the company invested more than $72.7 million to renew its infrastructure.

With nearly 9,000 miles of water and sewer mains spread throughout the 188 communities it serves, New Jersey American Water – like water utilities nationwide – faces the ongoing challenge of replacing aging infrastructure. Approximately 15 percent of the company’s pipes are 100 years old or older, and those pipes are nearing the end of their problem-free life. Replacing and upgrading older mains improves water quality for customers as well as increases water pressures and improves reliable fire flow.

In more than 70 municipalities, New Jersey American crews installed new pumps, hydrants, valves, and mains. More than 38,000 feet of pipes were “cleaned and lined,” which involves scrubbing the insides of mains to remove sediment, lining the pipes' inner walls with a layer of cement and replacing associated valves and hydrants, thereby reinforcing the pipes and extending their useful life.

In 2014, New Jersey American Water will continue to aggressively upgrade its water distribution system, replacing hundreds of thousands of feet of additional water main in more of its service areas.

“This past year we were able to step up the pace of replacing or rehabilitating old water mains that had outlived their intended usefulness and in many cases, were somewhat undersized to serve communities and provide the increased fire flow that is vital to protect homes and businesses,” said Suzanne Chiavari, practice lead for American Water engineering, who oversaw the implementation of the distribution system improvements. “We now have an enhanced construction program that enables us to tackle aging infrastructure in a much more immediate way and maintain reliable water service to our customers.”

1 of 2

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
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

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
Try it NOW
Try it NOW
Try it NOW
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!
SYM TRADE IT LAST %CHG

Markets

DOW 17,996.16 +283.50 1.60%
S&P 500 2,085.16 +24.14 1.17%
NASDAQ 4,940.1920 +48.9730 1.00%

Partners Compare Online Brokers

Free Reports

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