Essential Utilities

Essential Utilities Announces Election of Christopher Bruner and Tamara Linde to Board of Directors

Retrieved on: 
Thursday, May 2, 2024
Energy, Utilities, Oil, Gas, Education, EEI, American Arbitration Association, Law, Executive, Community foundation, Essential Utilities, Risk, EY, General counsel, Policy, Public Service Enterprise Group, Union League, Linde, National Association, AAA, JD, Audit committee, Multimedia, Edison Electric Institute, WTRG, Seton Hall University, Ernst & Young, PEG, Union, Audit

Essential Utilities Inc. (NYSE: WTRG) announces Christopher Bruner and Tamara Linde as the newest members of its board of directors.

Key Points: 
  • Essential Utilities Inc. (NYSE: WTRG) announces Christopher Bruner and Tamara Linde as the newest members of its board of directors.
  • Mr. Bruner will chair Essential’s audit committee and serve on the executive compensation committee.
  • Ms. Linde will serve on the corporate governance committee and the risk mitigation and investment policy committee.
  • View the full release here: https://www.businesswire.com/news/home/20240502139650/en/
    Essential Utilities Announces Election of Christopher Bruner to Board of Directors.

Essential Utilities Reports Financial Results for Q1 2024

Retrieved on: 
Thursday, May 2, 2024
Energy, Utilities, Oil, Gas, Sale, Perfluorohexanesulfonic acid, PFAS, PFOA, Methane, Internet, EPA, Weather, Investment, Essential Utilities, PFOS, Essential, Security (finance), Water, Information technology, Public expenditure, PFNA, Acquisition, Webcast, WTRG, Growth, Ageing, Video game

Essential Utilities Inc. (NYSE: WTRG) today reported results for the first quarter ended March 31, 2024.

Key Points: 
  • Essential Utilities Inc. (NYSE: WTRG) today reported results for the first quarter ended March 31, 2024.
  • “Although our gas footprint experienced warmer than normal winter weather in Q1 2024, we remain focused on and expect to post strong results for the year,” said Essential Utilities Chairman and Chief Executive Officer Christopher Franklin.
  • “In Q1 2024, the company completed the $165 million sale of its three non-utility microgrid and district energy projects in Pittsburgh.
  • This dividend will be payable on June 1, 2024, to shareholders of record on May 10, 2024.

CUB, UNIVERSITY PARK CALL FOR CUTTING AQUA RATE-HIKE REQUEST BY 40%

Retrieved on: 
Thursday, May 2, 2024
Lead, Equity, Drinking water, ROE, News, Essential Utilities, Illinois Commerce Commission, Water, Acquisition, Illinois General Assembly, ICC, Multimedia, CUB, Utility, Village, Management

The testimony uncovered at least $7.6 million in overcharges proposed by Aqua, or about 40 percent of the company's rate-hike request.

Key Points: 
  • The testimony uncovered at least $7.6 million in overcharges proposed by Aqua, or about 40 percent of the company's rate-hike request.
  • "Our testimony shows that Aqua Illinois' rate-hike request is unjust and unreasonable," CUB Executive Director Sarah Moskowitz said.
  • Aqua is asking for an excessive increase in its "Return on Equity" (ROE)—or profit rate for shareholders—from 9.6 percent to 10.8 percent.
  • While Aqua says the problem in University Park has been fixed, years later some customers were still drinking bottled water because they didn't trust the company.

Essential Utilities Donated $5.5 Million in 2023 to Strengthen Communities Across Service Territory

Retrieved on: 
Thursday, April 25, 2024
Environment, Utilities, Men, Professional Services, Sustainability, Philanthropy, Energy, Social Services, Consumer, Foundation, Education, Food, Shoe, Autumn, Essential Utilities, Health, United, Partnership, Hunger, United Way, Plant, Tree, Economic development, Share Food Program, Employment, WTRG, Aqua, Quality of life, Organization, Pharmaceutical industry

Essential Utilities (NYSE: WTRG) today released its 2023 Community Impact Report , announcing $5.5 million in giving to more than 450 organizations serving communities across its nine-state service territory last year.

Key Points: 
  • Essential Utilities (NYSE: WTRG) today released its 2023 Community Impact Report , announcing $5.5 million in giving to more than 450 organizations serving communities across its nine-state service territory last year.
  • Of this total, $5 million was donated directly to 501(c)3 organizations.
  • The company increased its charitable contributions by more than $1 million compared to 2022.
  • Fall for Food Banks: An annual partnership program across the company’s service territory to support local food banks through charitable donations, food collections and volunteer events.

Essential Utilities Names Natalie Chesko as New President of Aqua New Jersey

Retrieved on: 
Thursday, April 18, 2024
Energy, Utilities, Oil, Gas, Executive, Rutgers University, Essential Utilities, Garden, Environment, Engineering, Multimedia, WTRG, Overalls

Essential Utilities Inc. (NYSE: WTRG) announced today Natalie Chesko has been named the new President of Aqua New Jersey.

Key Points: 
  • Essential Utilities Inc. (NYSE: WTRG) announced today Natalie Chesko has been named the new President of Aqua New Jersey.
  • View the full release here: https://www.businesswire.com/news/home/20240418338924/en/
    Essential Utilities Announces Appointment of Natalie Chesko to President of Aqua New Jersey.
  • (Photo: Business Wire)
    “I couldn’t be more elated to welcome Natalie to the Aqua family, and I’m excited to see how her passion and expertise will further Aqua’s mission,” said Aqua President Colleen Arnold.
  • “I am thrilled at this opportunity to be the President of Aqua New Jersey,” said Chesko.

Essential Utilities Launches Third Annual Earth Day Celebration

Retrieved on: 
Wednesday, April 17, 2024
Oil, Gas, Alternative Energy, Energy, Green Technology, Climate Change, Sustainability, Recycling, Philanthropy, Environmental Policy, Other Natural Resources, Environment, Natural Resources, Other Philanthropy, Other Energy, Utilities, National Aviary, Natural Lands, City, Drinking water, Essential Utilities, Tree, Essential, Pittsburgh Parks Conservancy, Partnership, Water, Pittsburgh Botanic Garden, Garden, Pennsylvania Horticultural Society, Quality of life, Organization, World Water Day

Essential Utilities Inc. launched its third annual Essential Earth Day, a month-long celebration of volunteer events, donations and employee education opportunities, which will run through the end of April and support the company’s mission of protecting and providing Earth’s most essential resources and investing in the communities it serves.

Key Points: 
  • Essential Utilities Inc. launched its third annual Essential Earth Day, a month-long celebration of volunteer events, donations and employee education opportunities, which will run through the end of April and support the company’s mission of protecting and providing Earth’s most essential resources and investing in the communities it serves.
  • “Earth Day is a powerful reminder of the vital link between safe drinking water, essential resources and the well-being of our planet and communities,” said Essential Utilities Chairman and CEO Chris Franklin.
  • “By launching our initiatives on World Water Day, we demonstrate our unwavering commitment to improving the lives of the people we serve.
  • Essential Earth Day is part of the company’s comprehensive commitment to the environment and the communities it serves.

Essential Utilities Releases Comment on EPA Promulgation of PFAS Maximum Contaminant Level

Retrieved on: 
Wednesday, April 10, 2024
Utilities, Energy, Essential Utilities, PFAS, Aqua, Public utility, EPA, Drinking water, Water, Cosmetics

Essential Utilities Chairman and CEO Christopher Franklin shared the following comments today:

Key Points: 
  • Essential Utilities Chairman and CEO Christopher Franklin shared the following comments today:
    “Today the U.S. Environmental Protection Agency announced the final regulation for six PFAS compounds, known as “forever chemicals,” in our drinking water.
  • “I’m proud of the team at Aqua for the work they have done to address PFAS as we’ve waited for the EPA to set a limit on these toxins.
  • “Over the past year we’ve built on that commitment through our industry-leading approach to share PFAS test results in our annual water quality reports.
  • “We applaud the EPA for formally setting limits, and we look forward to sharing our updates as we work toward meeting them.

Essential Utilities and Employees Team Up for $800,000 Donation to United Way

Retrieved on: 
Friday, April 5, 2024
Philanthropy, Utilities, Oil, Gas, Other Philanthropy, Fund Raising, Energy, Foundation, Health, Organization, Essential, Face, Environment, Natural Resources, Education, WTRG, Economic development, Essential Utilities, United Way, United, Housing, Water, Heart, Natural gas, Multimedia, Aqua, Management

Essential Utilities Inc. (NYSE: WTRG) announced today more than $800,000 in total contributions for the United Way during the company’s 2023-2024 giving campaign, The Essential Way.

Key Points: 
  • Essential Utilities Inc. (NYSE: WTRG) announced today more than $800,000 in total contributions for the United Way during the company’s 2023-2024 giving campaign, The Essential Way.
  • View the full release here: https://www.businesswire.com/news/home/20240403781019/en/
    More than 2,000 employees participated in the campaign to support 479 deserving community organizations, including United Way organizations across Essential’s nine-state footprint and many other nonprofits in the United Way network.
  • Aqua and Peoples have partnered with the United Way for more than two decades, donating more than $3.1 million in just the past four years since the companies united under Essential Utilities.
  • The United Way employee giving program allows team members to direct their contributions to causes that are important to them and their local community.

Essential Utilities Urges You to Spring Into Safety This Season

Retrieved on: 
Wednesday, April 3, 2024
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View the full release here: https://www.businesswire.com/news/home/20240401091871/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240401091871/en/
    A Peoples Natural Gas utility worker provides direction during road excavation.
  • April is Safe Digging Month, when Peoples reminds its customers to call 811 before all digging activity to best prevent striking underground utility infrastructure.
  • “Calling 811 before digging begins is essential to keep our communities safe,” said Lynda Petrichevich, Peoples Senior Director of Process Operations.
  • We urge all Pennsylvanians to take the extra step for safety and call 811 before you dig.”
    The Pennsylvania 811 call system is free to homeowners.

Essential Utilities to Report Earnings for Q1 2024

Retrieved on: 
Monday, March 25, 2024
Utilities, Energy, Essential Utilities, Internet, WTRG

Essential Utilities Inc. (NYSE: WTRG) expects to report earnings for the quarter ended March 31, 2024, following market close on May 2, 2024.

Key Points: 
  • Essential Utilities Inc. (NYSE: WTRG) expects to report earnings for the quarter ended March 31, 2024, following market close on May 2, 2024.
  • The company’s conference call with financial analysts will take place on Friday, May 3, 2024, at 11 a.m. Eastern Daylight Time.
  • The conference call will be archived in the Investor Relations section of the company’s website for 90 days following the call.
  • Additionally, the call will be recorded and made available for replay at 2 p.m. on May 3, 2024, for 10 business days following the call.