July 24, 2014 4:05 PM ET

Water Utilities

Company Overview of Pennsylvania-American Water Company

Company Overview

Pennsylvania-American Water Company operates as a regulated water utility company in the state of Pennsylvania. It provides water, wastewater, and related services. The company was incorporated in 1904 and is based in Hershey, Pennsylvania. Pennsylvania-American Water Company operates as a subsidiary of American Water Works Company, Inc.

800 West Hershey Park Drive

Hershey, PA 17033-2400

United States

Founded in 1904

Phone:

717-531-3219

Fax:

717-531-3235

Key Executives for Pennsylvania-American Water Company

Chief Executive Officer
President
Age: 61
Director of Communications & External Affairs
Director of Governmental Affairs
Compensation as of Fiscal Year 2014.

Pennsylvania-American Water Company Key Developments

Labor Dispute Between 144 Union Employees and Pennsylvania-American Water Co

Pennsylvania-American Water Co. announced that 144 Utility Workers Union of America members have walked off the job at company in a labor dispute. Pickets were up at four Pennsylvania American Water sites, including Becks Run Road. The workers, represented by UWUA Local 537, left after the utility submitted what it said was its final offer June 9. UWUA Local 537 members have been working without a contract since May 2011. The union was treating the action as a lockout because Pennsylvania American Water and its parent company, American Water, had imposed new changes to work since then. Booth said UWUA had submitted multiple charges of unfair labor practices with the National Labor Relations Board and that Pennsylvania law would consider the situation a lockout due to the changed working conditions. But Pennsylvania American Water disputes the characterization as a lockout. The major issue is over whether Pennsylvania American Water can hire contractors to do work that is being done now by union employees. The union workers treat water at Pennsylvania American Water facilities, send it into the distribution system, install and maintain water pipes and hydrants, and also handle customer service. A Pennsylvania American Water declined to discuss the terms of the contract and sticking points. The company said nonunion managers and employees, and contract employees, are on the job.

Pennsylvania American Water to Expand CNG-Powered Fleet into Northeast PA

Pennsylvania American Water announced plans to expand its fleet of compressed natural gas (CNG) vehicles to its northeast Pennsylvania operations. As a result of Act 13 funding recently awarded by Gov. Tom Corbett, the company will receive a $315,000 grant for CNG-fueled vehicles. The grant was secured through a partnership with Greater Philadelphia Clean Cities Coalition which serves 34 counties in eastern Pennsylvania and works with vehicle fleets, fuel providers, community leaders and other stakeholders to implement alternative fuel use in transportation.

The Pennsylvania Public Utility Commission Unanimously Approves Settlement That Allows Pennsylvania American Water to Increase Water Rates

The Pennsylvania Public Utility Commission (PUC) unanimously approved a settlement that allows Pennsylvania American Water to increase water rates. The new rates approved under the PUC settlement maintain the cost of water service at about one penny per gallon for Pennsylvania American Water's customers. The typical monthly residential water bill for Pennsylvania American Water customers using 3,960 gallons will increase by less than $3 per month, from $52.51 to $55.45. The new rates take effect January 1, 2014. These capital investments include upgrades to treatment plants, dams, storage tanks, wells and pumping stations, which are needed to maintain and improve service reliability, water quality and fire protection for the company's more than 650,000 customers across the state. Pennsylvania American Water has also replaced about 300 miles of aging pipe, as well as valves, service lines, hydrants and other parts of its nearly 10,100-mile network of water and sewer lines. The settlement approved by the PUC also includes adjustments to wastewater rates for customers who receive sewer service from the company. The changes affect approximately 18,000 wastewater customers in Coatesville, Claysville, Clarion and the Poconos region. The settlement grants an increase of approximately $26 million in annual revenue. The company had filed the rate request with the PUC on April 30, 2013, seeking an annual revenue increase of approximately $58.6 million.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
August 24, 2013
Wastewater System Assets of Franklin Township Municipal
 

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