The PUC today denied Delco Council’s petition to reverse the PUC’s earlier conditional acceptance of Aqua’s application to acquire DELCORA. Below is a statement from Robert J. Willert, Executive Director of DELCORA in response to the PUC action.
“DELCORA applauds the Pennsylvania Utility Commission’s decision today to deny Delaware County Council’s effort to delay the PUC’s consideration of the sale of DELCORA. This decision is a victory for ratepayers. Unfortunately, the Delaware County Council continues to pursue strategies which will dramatically drive up ratepayers’ rates and raid the assets which belong to ratepayers. The DELCORA plan allows for the mandated capital and maintenance improvements while keeping rates at a manageable 3% annual increase, rather than the projected 10% annual increases if nothing is done. ”