One Year After First Federal PFAS Guidelines, Aqua Pennsylvania on Track to Meet 2029 Compliance Deadline | WTRG Stock News

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Apr 21, 2025
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  • Aqua Pennsylvania is on track to meet the EPA's 2029 PFAS compliance deadline, having addressed PFAS removal since 2016.
  • The company secured nearly $100 million in low-interest loans and grants from PENNVEST in 2024 for critical infrastructure projects.
  • Aqua Pennsylvania set an industry-leading PFAS standard of 13 parts per trillion in 2020.

Aqua Pennsylvania has confirmed its progress towards meeting the Environmental Protection Agency (EPA)'s 2029 compliance deadline for per- and polyfluoroalkyl substances (PFAS) in drinking water. With efforts dating back to 2016, the company has been proactive in addressing PFAS, setting a benchmark for industry standards well before federal guidelines were put in place.

Among its key achievements, Aqua Pennsylvania constructed a state-of-the-art laboratory equipped with advanced PFAS testing technology, setting an industry-leading standard of 13 parts per trillion in 2020. This forward-thinking initiative ensures that Aqua Pennsylvania remains at the forefront of water safety compliance, benefiting approximately 1.5 million people in Pennsylvania.

In 2024, the company secured nearly $100 million in low-interest loans and grants from the Pennsylvania Infrastructure Investment Authority (PENNVEST) to support crucial infrastructure projects. This financial boost is part of Aqua's strategy to mitigate the impact on customer rates and sustain investments in water treatment capabilities.

Moreover, Aqua Pennsylvania is actively pursuing legal action against chemical manufacturers responsible for PFAS contamination, further demonstrating its commitment to financial prudence and environmental stewardship. This approach not only aims to recover potential remediation costs but also shields customers from bearing the financial burden associated with PFAS regulation compliance.

As the company works to meet Pennsylvania's Department of Environmental Protection (DEP) drinking water standards by 2025 and moves toward full EPA compliance by 2029, Aqua Pennsylvania's initiatives highlight a dedication to maintaining high water quality and customer safety.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.