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Home»Investment»New Jersey American Water reports more than $507 million in system investments across the state in 2023
Investment

New Jersey American Water reports more than $507 million in system investments across the state in 2023

The Elite Times TeamBy The Elite Times TeamFebruary 26, 2024No Comments3 Mins Read
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Camden, NJ, February 26, 2024–(BUSINESS WIRE)–New Jersey American Water recently announced its 2023 year-end total investment in system improvements. During the year, more than $507 million was invested to fund critical system upgrades and improvement projects across the company’s service areas.

“This year’s extensive system improvements are prudent investments that will continue to provide our customers with safe, affordable and reliable water and wastewater service,” said New Jersey American Water President Mark McDonough. It reflects our efforts.” “From source to tap and back again, our team of experts works diligently to maintain our facilities to keep them running efficiently, meeting regulatory standards, and providing quality service. We are working on it.”

New Jersey American Water invests millions of dollars in its infrastructure each year. This includes both treatment and distribution, i.e. maintenance and upgrading of pipeline systems. This includes investing in treatment plants, tanks, pumping stations, miles of pipes, water mains, fire hydrants, and metering equipment.

Highlights of system improvements in 2023 include:

  • Main power supply: The company has invested $175 million to install, replace, or repair more than 91 miles of trunk lines. Pipe improvement projects can help improve water quality, pressure, fire protection, and service reliability. Additionally, New Jersey American Water has invested approximately $2.76 million in leak detection equipment to enhance its ability to respond to leaks and breaks.

  • Improving raw water, treatment and other production systems: New Jersey American Water spent more than $28 million on improvements to its water treatment facilities, including:

    • Jumping Brook Water Treatment Plant – Treatment Improvements

    • Canal Road Water Treatment Plant – Water intake upgrade and alum tank replacement

    • Raritan Millstone Water Treatment Plant – Filter Repair and Treatment Improvements

  • fire hydrant: The company replaced 458 hydrants and 1,723 valves, representing an investment of approximately $17.8 million.

  • service line: New Jersey American Water replaced 13,776 service lines with an investment of approximately $87.8 million.

  • Tank/Storage: New Jersey American Water invested a total of approximately $10.1 million to rehabilitate five tanks and conduct detailed inspections of 40 tanks.

To learn more about New Jersey American Water’s multi-million dollar program, visit www.newjerseyamwater.com. It is intended to accelerate the renewal of water infrastructure that is nearing the end of its useful life in more than 100 communities across the state.

About American Water

American Water (NYSE: AWK) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886, We Keep Life Flowing® provides safe, clean, reliable and affordable access to more than 14 million people in regulated activities in 14 states and 18 military installations. We offer affordable drinking water and wastewater services. American Water’s 6,500 talented professionals leverage their significant expertise and the company’s national size and scale to benefit customers, employees, investors, and other stakeholders. has achieved excellent results. For more information, visit amwater.com and join us on LinkedIn, Facebook, and American Water. X And Instagram.

About New Jersey American Water

New Jersey American Water, a subsidiary of American Water, is the state’s largest regulated water utility, providing high-quality, reliable water and/or wastewater service to approximately 2.9 million people. For more information, visit www.newjerseyamwater.com and follow New Jersey American Water on Facebook. XInstagram, and LinkedIn.

View source version on businesswire.com. https://www.businesswire.com/news/home/20240226263199/en/

contact address

media:
Dennis Venuti Free
Senior Director of Communications and External Affairs
new jersey american water
denise.free@amwater.com



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