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N. Carolina Utilities Commission approves revenue increase for Aqua America subsidiary

BRYN MAWR, PA, DEC 26, 2018 — Aqua America Inc.’s North Carolina subsidiary has received approval from the North Carolina Utilities Commission for a revenue increase of $2.9 million, or 5.2 percent.

The new customer rates enable Aqua to recover capital-related costs from work to address naturally occurring iron and manganese filtration, upgrade wastewater treatment plants to prevent overflows, and other improvements to enhance reliability for customers. The revenue increase also covers increases in operating costs to provide water and wastewater service to customers and comply with environmental and health regulations since the utility’s last rate request nearly five years ago.

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