Chester Water Authority’s sole purpose is to provide excellent-quality water to over 200,000 people, businesses, and industry. As a municipal authority, CWA does not have stockholders who require dividends. That means our rates are – and can remain – lower than those of private utility companies.
The City would receive $60,285,000 in the sale, though none would be available to the City to immediately use. There would be a 10% rate increase to $33.59 which had already been adopted on January 24, 2019. In the future, there would be no cap on rates, and the rates would not be subject to review by the Pennsylvania Public Utility Commission. An “Income Qualified Lifeline Rate” would be made available to residents within 60 days of the sale.
To learn more about the proposal, click the link below.