Investing In Our CommunitiesThe United States Environmental Protection Agency (USEPA) estimates that approximately $277 billion of capital spending will be needed across the nation between 2003 and 2022 to replace aging water infrastructure and comply with stricter water quality standards. The USEPA also estimates that approximately $388 billion will be needed between 2000 and 2019 to replace aging wastewater infrastructure. We intend to invest capital prudently to enable us to continue to provide essential services to our regulated water and wastewater utility customers. Investing in our infrastructure is critical to our mission of serving our customers quality and reliable water and wastewater service. We have a strong and ongoing commitment to investing in infrastructure and keeping it updated. We are committed to delivering excellent service that our customers depend upon at an exceptional value. Tap water costs about a penny a gallon - a remarkable value compared to any other utilities today. With few exceptions, water service remains the lowest utility bill that a household will pay. In fact, in Pennsylvania alone, we have invested more than $790 million since 2000 to improve service to our customers. Every year, we deliver system improvements to the communities we serve – from extending water mains to replacing meters and hydrants to upgrading plant equipment. These investments will help us continue to provide high quality water and wastewater service. Examples of projects completed across the state in recent years:
Projects Currently UnderwayHanover and Collier Townships: Pennsylvania American Water is in the process of installing a combined five miles of pipe to provide public water service and improved fire protection to 70 customers in Hanover, Washington County, and Collier Township, Allegheny County. Pennsylvania American Water secured approximately $2.4 million in low-interest financing from the Pennsylvania Infrastructure Investment Authority (PENNVEST) to install the pipelines. Both projects will enable the company to bring public water service to families who currently depend on unreliable private wells, springs and cisterns for water.
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