03/14/2018 | Press release | Distributed by Public on 03/14/2018 08:34
FOR IMMEDIATE RELEASE
CONTACT: Terry Maenza T: 610-670-7789 ext. 1009
Gary Lobaugh T: 724-873-3674 M: 724-944-5148[email protected]
PENNSYLVANIA AMERICAN WATER UNVEILS $19.6 MILLION PLAN FOR WATER STORAGE
HERSHEY, Pa. (March 14, 2018) - Pennsylvania American Water today announced its 2018 plans to rehabilitate 10 existing water storage tanks, as well as erect six new storage structures. Pennsylvania American Water's rehab program of inspecting, sandblasting and repainting tanks will extend their service life and protect water quality, and the new tank construction will provide increased storage capacity to meet customer demand and improve fire protection. Total cost of the company's water storage improvements is approximately $19.6 million.
"Storage tanks are often in remote locations and not visible to customers, but they are critically important to our infrastructure to ensure 24/7 reliability, meet the communities' water needs, and provide fire protection," said Pennsylvania American Water President Jeffrey L. McIntyre. "In addition to constructing more storage to meet local demand, we are prudently investing in preventative maintenance to extend the lifespan of existing tanks, which is more cost-efficient than replacing the structures."
This year, Pennsylvania American Water will invest a combined total of nearly $6.6 million to rehabilitate and repaint existing tanks in the following municipalities:
Jefferson Hills Borough, Allegheny County - 300,000-gallon elevated storage tank
California Borough, Washington County - 400,000-gallon ground storage tank
Union Township, Washington County - 500,000-gallon treatment tank
Saxonburg Borough, Butler County - 400,000-gallon elevated storage tank
Conewago Township, Warren County - 1 million-gallon ground storage tank
Sugar Notch Borough, Luzerne County - 1 million-gallon ground storage tank
Plains Township, Luzerne County - 500,000-gallon ground storage tank
Wright Township, Luzerne County - 1 million-gallon ground storage tank
Silver Spring Township, Cumberland County - 500,000-gallon storage tank
West Caln Township, Chester County - 200,000-gallon elevated storage tank
To rehabilitate the tanks, crews will strip the original paint and apply a new coating, which serves as a protective barrier that prevents the steel from rusting and compromising water quality. During construction, the company does not expect customers to experience service interruptions. The projects include mitigation procedures to ensure that paint fumes and dust levels are in compliance with air pollution control requirements mandated by local health departments and the Pennsylvania Department of Environmental Protection.
PENNSYLVANIA AMERICAN WATER UNVEILS $19.6 MILLION PLAN FOR WATER STORAGE UPGRADES
In addition, the company will build new tanks in the following communities:
Canton Township, Washington County - 750,000-gallon elevated storage tank; Approximate cost $2.6 million.
Fallowfield Township, Washington County - 500,000-gallon ground storage tank; Approximate cost $3.2 million.
Lincoln Borough, Allegheny County - 1 million-gallon ground storage tank; Approximate cost $3 million.
White Township, Indiana County - 750,000-gallon ground storage tank; Approximate cost $1.7 million.
Shenango Township, Lawrence County - 300,000-gallon ground storage tank; Approximate cost $1.6 million.
Dunmore Borough, Lackawanna County - 120,000-gallon ground storage tank; Approximate cost $900,000.
McIntyre said, "This year's tank upgrades follow our company's 2017 investment of nearly $8.5 million to rehabilitate 10 storage tanks and build four new storage structures." Pennsylvania American Water owns and maintains more than 250 water storage facilities across the state.
Pennsylvania American Water, a subsidiary of American Water (NYSE: AWK), is the largest investor-owned water utility in the state, providing high-quality and reliable water and/or wastewater services to approximately 2.4 million people. With a history d65ating back to 1886, American Water is the largest and most geographically diverse U.S. publicly traded water and wastewater utility company. The company employs more than 6,900 dedicated professionals who provide regulated and market-based drinking water, wastewater and other related services to an estimated 15 million people in 46 states and Ontario, Canada. American Water provides safe, clean, affordable and reliable water services to our customers to make sure we keep their lives flowing. For more information, visit amwater.com and follow American Water on Twitter, Facebook and LinkedIn.
This release contains forward looking statements, including, among others, our plan to continue our long-term strategy of capital investment in our systems. There are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements including: general economic business conditions, unfavorable weather conditions, changes in regulations or regulatory treatment and availability and the cost of capital. We undertake no obligation to publicly update or revise any forward-looking statement.
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