WTRG
- Essential Utilities, Inc.
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Overview
Company Summary
Essential Utilities, Inc., formerly known as Aqua America, Inc., is a publicly traded company that operates in the utility sector. As a regulated water and wastewater utility, Essential Utilities focuses on providing essential services to residential, commercial, and industrial customers.
The company primarily operates in the United States, serving more than three million people across 10 states. Its business can be broadly categorized into two segments: regulated water and regulated wastewater.
Under the regulated water segment, Essential Utilities supplies drinking water to its customers. This involves sourcing, treating, and distributing water through an extensive network of pipes and infrastructure. The company ensures compliance with strict quality and safety regulations, taking into account factors such as water source protection, water treatment, and efficient delivery.
In the regulated wastewater segment, Essential Utilities collects, treats, and disposes of wastewater generated by its customers. The company's wastewater treatment facilities are responsible for removing pollutants and harmful substances from the wastewater before safely returning it to the environment.
Beyond its core business operations, Essential Utilities also actively pursues growth opportunities. It seeks to acquire water and wastewater systems across its operating regions, thereby expanding its customer base and geographic reach. Additionally, the company focuses on investing in infrastructure upgrades and innovations to continuously enhance its service quality and reliability.
In summary, Essential Utilities, Inc. is a utility company that operates in the water and wastewater sector. It supplies clean drinking water and manages wastewater disposal, ensuring compliance with regulations and providing essential services to millions of people across multiple states in the United States.