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Press Releases

Read the latest news and press releases about Essential and its utilities subsidiaries below.

06 Dec 2005

Aqua America Subsidiary Closes $2.2 Million Purchase of North Carolina Wastewater System

BRYN MAWR, Pa., Dec 06, 2005 (BUSINESS WIRE) -- Aqua America, Inc. (NYSE:WTR) announced today that its North Carolina subsidiary acquired the wastewater system serving the Governor's Club residential community on the outskirts of Chapel Hill. The purchase price is approximately $2.2 million.

01 Dec 2005

Aqua America Chairman to Present at Bear Stearns Commodities and Capital Goods Conference

BRYN MAWR, Pa., Dec 01, 2005 (BUSINESS WIRE) -- Aqua America, Inc. (NYSE: WTR) announced today that its Chairman and Chief Executive Officer Nicholas DeBenedictis will present at The Bear Stearns First Annual Commodities and Capital Goods Conference on December 8, 2005 at 9:40 a.m.

30 Nov 2005

Aqua America Chief Financial Officer to Present at the NYSSA Water Industry Conference

BRYN MAWR, Pa., Nov 30, 2005 (BUSINESS WIRE) -- Aqua America, Inc. (NYSE: WTR) announced today that its Chief Financial Officer David Smeltzer will present at the 9th Annual Water Industry Conference hosted by the New York Society of Security Analysts (NYSSA) on December 8, 2005 at 10:40 a.m.

30 Nov 2005

Aqua America 10 Percent Dividend Increase and Four-for-Three Stock Split Set for December 1

BRYN MAWR, Pa., Nov 30, 2005 (BUSINESS WIRE) -- Aqua America, Inc. (NYSE:WTR) is reminding shareholders that the 10 percent cash dividend increase and the four-for-three stock split approved by its Board of Directors on August 2, 2005, are effective tomorrow, December 1, 2005 to shareholders of

28 Nov 2005

Aqua America Subsidiary Invests $4.2 Million to Acquire New Jersey Water System; Purchase marks company's first entry in Ocean County

BRYN MAWR, Pa., Nov 28, 2005 (BUSINESS WIRE) -- Aqua America, Inc. (NYSE:WTR) announced today that its New Jersey subsidiary acquired the water system assets of the Berkeley Water Company for approximately $4.2 million. The system serves nearly 12,000 residents in Berkeley Township, Ocean County.

18 Nov 2005

Aqua Pennsylvania Files Rate Request; With Increase, Cost for Water Remains One Cent Per Gallon

BRYN MAWR, Pa., Nov 18, 2005 (BUSINESS WIRE) -- Aqua Pennsylvania, Inc. (Aqua) filed an application with the Pennsylvania Public Utility Commission (PUC) today requesting a $5.44 a month (18 cents a day) increase in rates for a typical residential customer.

09 Nov 2005

Aqua America Reports Increased Net Income for Third Quarter 2005; 10 Percent Dividend Increase and Four-for-Three Stock Split Set for December 1

BRYN MAWR, Pa., Nov 09, 2005 (BUSINESS WIRE) -- Aqua America, Inc. (NYSE:WTR) today reported net income for the quarter ended September 30, 2005 grew to $27.9 million, a 16 percent increase from $24.1 million in the third quarter of 2004. Diluted earnings per share for the quarter increased to