Illinois American Water Acquires Piasa Township Sanitary District; Reduces Customer Bills
Dateline City:
ALTON, Ill.
Acquisition will add about 120 new customers in the Alton District
ALTON, Ill.--(BUSINESS WIRE)--Illinois American Water President Bruce Hauk today announced the
company’s acquisition of the Piasa Township Sanitary District. The
purchase of the system adds approximately 120 customers to the company’s
customer base in the Alton District.
In a public referendum on April 4, 2017, residents of Piasa Township
Sanitary District voted in favor of dissolving the sewer district, and
supported a sale of the wastewater system to Illinois American Water.
The Illinois Commerce Commission (ICC) approved the sale for $60,000 on
Aug. 25, 2017. Today, Illinois American Water acquired the water system.
Under Illinois American Water ownership, Piasa Township residents will
see a decrease of about $14.50 a month for their wastewater service.
Monthly bills will decrease from about $50 to about $35.50. This
includes a fixed rate of $25.50 charged by Illinois American Water and a
purchased sewage treatment charge passed on from the Village of Godfrey.
“We are excited to serve these customers and to help decrease one of
their household bills. Through this acquisition, we will expand our
existing footprint and ensure local residents have access to a
long-term, reliable and affordable wastewater service for years to
come,” said Karen Cooper, senior manager of field operations and
production.
Charlie Davis, Piasa Sanitary District Board Chairman, is supportive of
the acquisition. He said, “After careful and thoughtful consideration of
the current and future challenges operating the sewer system, we found
our customers would be best served by the sale to Illinois American
Water.”
Piasa wastewater customers will receive their first bill in
approximately 30 days. They will also receive an Illinois American Water
welcome packet in the mail. This packet includes information about
online account management, billing and more. Customers may contact the
company with service requests or questions at 800-422-2782.
The Piasa wastewater system will be incorporated into the company’s
Alton District, which serves residents in Alton, Godfrey, Grafton, Elsah
and Forest Homes-Maple Park. Jersey County Rural Water, Fosterburg Water
District and Brighton are sale-for-resale customers.
About Illinois American Water
Illinois 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 1.3 million people. American Water also operates a
customer service center in Alton and a quality control and research
laboratory in Belleville. With a history dating 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 6,700 dedicated professionals who provide regulated
and market-based drinking water, wastewater and other related services
to an estimated 15 million people in 47 states and Ontario, Canada. More
information can be found by visiting www.amwater.com.
Language:
English
Contact:
Illinois American Water
Karen Cotton, 309-566-4126
Karen.cotton@amwater.com
Ticker Slug:
Ticker: AWK Exchange: NYSE
Acquisition will add about 120 new customers in the Alton District
ALTON, Ill.--(BUSINESS WIRE)--Illinois American Water President Bruce Hauk today announced the company’s acquisition of the Piasa Township Sanitary District. The purchase of the system adds approximately 120 customers to the company’s customer base in the Alton District.
In a public referendum on April 4, 2017, residents of Piasa Township Sanitary District voted in favor of dissolving the sewer district, and supported a sale of the wastewater system to Illinois American Water. The Illinois Commerce Commission (ICC) approved the sale for $60,000 on Aug. 25, 2017. Today, Illinois American Water acquired the water system.
Under Illinois American Water ownership, Piasa Township residents will see a decrease of about $14.50 a month for their wastewater service. Monthly bills will decrease from about $50 to about $35.50. This includes a fixed rate of $25.50 charged by Illinois American Water and a purchased sewage treatment charge passed on from the Village of Godfrey.
“We are excited to serve these customers and to help decrease one of their household bills. Through this acquisition, we will expand our existing footprint and ensure local residents have access to a long-term, reliable and affordable wastewater service for years to come,” said Karen Cooper, senior manager of field operations and production.
Charlie Davis, Piasa Sanitary District Board Chairman, is supportive of the acquisition. He said, “After careful and thoughtful consideration of the current and future challenges operating the sewer system, we found our customers would be best served by the sale to Illinois American Water.”
Piasa wastewater customers will receive their first bill in approximately 30 days. They will also receive an Illinois American Water welcome packet in the mail. This packet includes information about online account management, billing and more. Customers may contact the company with service requests or questions at 800-422-2782.
The Piasa wastewater system will be incorporated into the company’s Alton District, which serves residents in Alton, Godfrey, Grafton, Elsah and Forest Homes-Maple Park. Jersey County Rural Water, Fosterburg Water District and Brighton are sale-for-resale customers.
About Illinois American Water
Illinois 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 1.3 million people. American Water also operates a customer service center in Alton and a quality control and research laboratory in Belleville. With a history dating 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 6,700 dedicated professionals who provide regulated and market-based drinking water, wastewater and other related services to an estimated 15 million people in 47 states and Ontario, Canada. More information can be found by visiting www.amwater.com.
Illinois American Water
Karen Cotton, 309-566-4126
Karen.cotton@amwater.com