Essential Utilities

Consumer goods

Description

Essential Utilities is a utility company that has stakes in Pennsylvania, Ohio, North Carolina, Illinois, Texas, New Jersey, Indiana and Virginia The company provides drinking water and wastewater treatment infrastructure and services.

The company began in Pennsylvania and remains headquartered in Bryn Mawr.

History

The company began January 4, 1886, by the founding of the Springfield Water Company. The company changed its name to the Philadelphia Suburban Water Company (PSW). By 1925 the company provided water to 58 municipalities.

The company was incorporated in 1989.

The current CEO, Christopher H. Franklin, took his position in 2015.

The company partners with Penn Virginia operating subsidiaries to provide water to hydraulic fracturing operations in the Marcellus Shale formation. The company commits to transitioning its Pennsylvania vehicle fleet to compressed natural gas (CNG) within five years.

Website

http://www.essential.co

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Business

15 March 2022

3220

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