Aquaion Water Company is a water utility company based in the U.S. state of Connecticut that was first incorporated in 1857.[1]
| Industry | Water utility |
|---|---|
| Founded | 1857 |
| Headquarters | , United States |
Area served | Connecticut, Massachusetts, New Hampshire[1] |
Key people | Donald J. Morrissey, President[1] |
Number of employees | 346[1] |
| Parent | Eversource Energy[1] |
| Website | www |
Services
editAquarion Water Company provides regulated and non-regulated water related services in Connecticut, Massachusetts, and New Hampshire.[1] The company is one of the seven largest investor-owned water utility companies in the United States.
The company also operates regional affiliated service subsidiaries including Abenaki Water Company and Torrington Water Company. These subsidiaries serve the households in the Belmont, New Hampshire area and the Torrington, Connecticut area, respectively.[2][3]
In June 2017 Aquarium announced its merger with Eversource Energy for $1.675 billion.[4] Aquarion would become a fully owned subsidiary and retain its own name, adding 300 employees and 230,000 customers in Connecticut, Massachusetts, and New Hampshire. In December 2017, the merger was completed after government approval.[5]
On March 15, 2023, Connecticut legislators denied a rate increase by the company, instead approving a plan to lower the rates by $67 per year.[6]
References
edit- ^ a b c d e f g "About Us". Aquarion.
- ^ "Abenaki Water Company". Aquarion. Retrieved 20 September 2023.
- ^ "Torrington Water Company". Aquarion. Retrieved 20 September 2023.
- ^ "Eversource enters water business with Aquarion acquisition - The Boston Globe". BostonGlobe.com. Archived from the original on December 28, 2019. Retrieved May 14, 2020.
- ^ "Eversource Completes Acquisition of Aquarion Water Company | Global Energy Media". globalenergymedia.com. Archived from the original on 5 December 2017. Retrieved 17 January 2022.
- ^ Turmelle, Luther (15 March 2023). "Aquarion water rate hike denied by CT regulators, instead bills lowered". CT Insider. Retrieved 20 September 2023.