Aqua America helps keep water clean and people quenched. It is a holding company for regulated utilities that provide water distribution and wastewater services to about 3 million US residents, as well as commercial and industrial customers. The company now operates in 10 states. After a swap of operations with American Water Works in 2012, Aqua America's regulated utilities spread across nine states, mainly along the East Coast and in the South. The company also owns a nonregulated wastewater utility in Georgia. Its operating subsidiaries manage the utilities.


Most of Aqua America's utilities are regulated by state regulatory commissions, which determine rates and conditions of service. However, a small segment of revenue is generated by nonregulated water and wastewater services.

Geographic Reach

Aqua America's regulated operations are in nine states: Florida, Illinois, Indiana, Ohio, New Jersey, North Carolina, Pennsylvania, Texas, and Virginia. It also has a nonregulated wastewater operation in Georgia.

In 2012 Pennsylvania accounted for about 55% of the company's total revenues.

Financial Performance

The company's revenues grew by 10% in 2012 thanks to increases in water and wastewater rates the acquisition of additional customers.

Aqua America's net income spiked by 37% in 2012 thanks to higher revenues and income from Equity Earnings in Joint Venture due to earnings in serving the raw water needs of firms in the natural gas and oil exploration industry. It also benefited from the increased Gain on Sale of Other Assets.

Between 2008 an 2012 the reported an upward trend in revenues, reflecting higher rates and a growth in the company's customer base. The number of customers increased at an annual compound rate of 0.5% due to acquisitions and organic growth.


The company has pursued opportunities to buy both government-owned and privately owned water and wastewater systems of all sizes, while disposing of underperforming utilities or utilities that no longer fits its growth model. Over the course of more than a decade, Aqua America has made more than 200 acquisitions. The company integrates these businesses into its own to expand its customer base, consolidate within a fragmented market, and continue to make a positive impact on its bottom line.

In 2013 Aqua America sold 57 water systems and 23 wastewater systems in 12 counties in Florida to the Florida Governmental Utility Authority for $50.2 million. In separate transactions, the company also sold nine water systems and four wastewater systems in five counties to U.S. Water for $1.6 million, and one water system and one wastewater system in Alachua County to YES Communities Companies, LLC, for $1.1 million. Collectively, these sales represented 65% of Aqua America's customers in Florida.

In 2012 Aqua America and rival American Water Works swapped subsidiaries in order for each to consolidate operations. Aqua America acquired American Water Works' Ohio operations (eight water systems and one wastewater system, with a total of 59,000), while American Water Works' bought Aqua America's New York-based utilities (seven water systems with 51,000 customers). Aqua America saw its Ohio customer base grow by about 66%, while American Water Works was able to focus its business on a smaller geographic area. Aqua America paid about $120 million for its part of the deal, while American Water Works spent about $70 million.

In addition to the Ohio acquisition, during 2012 the company completed 16 acquisitions and other growth ventures, which along with the organic growth, represented 11,070 new customers.

In early 2012, the company completed the sale of its Maine operations (16,000 customers) to Connecticut Water Service for $54 million. The deal allows Aqua America to focus its operations in states with consolidated rates.

Another agreement between Aqua America and American Water Works closed in June 2011, when Aqua America's Texas subsidiary bought the regulated operations of Texas American for $6 million. Aqua America also sold most of its regulated operations in Missouri to American Water Works. At the end of the swap, Aqua America exited its operations in South Carolina, Missouri, New York, and Maine.

Also in 2011, Aqua America bought a wastewater plant in Virginia from Manakin Water and Sewerage for $80,000.

Mergers and Acquisitions

In 2013 Aqua Pennsylvania, acquired the water and wastewater system assets of Total Environmental Solutions (6,000 customers in Clearfield County) for $11.8 million, bringing the number of counties served by the utility to 31. In 2012 that unit bought the wastewater system assets of Kidder Township (3,000 customers) for $11.3 million.

In 2012 Aqua North Carolina, bought Fox Run Water and Moseley-Nash Enterprises for a $175,000. The 12 water systems serve about 1,500 residents in Warren and Northampton counties. Aqua Virginia, Inc. bought the water system assets of Fox Run Water Co., Inc. and Moseley-Nash Enterprises, Inc. for $400,000. The 26 water systems serve about 3,500 people and businesses in several counties near the North Carolina border.

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762 W Lancaster Ave
Bryn Mawr, PA 19010-3489
Phone: 1 (610) 525-1400


  • Employer Type: Public
  • Chief Operator: Tom Cicala
  • President: Marc Lucca
  • Chief Chemist: Mike Senft
  • Employees: 1,309

Major Office Locations

  • Bryn Mawr, PA
  • Sayre, PA

Other Locations

  • Lakeland, FL
  • University Park, IL
  • Phillipsburg, NJ
  • Mentor On The Lake, OH
  • Westerville, OH
  • Youngstown, OH
  • Drums, PA
  • Gilbertsville, PA
  • Honesdale, PA
  • Reading, PA
  • Shamokin, PA
  • Sharon, PA
  • Houston, TX
  • Waco, TX
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