Daily News | Pa. overrides judge’s recommendation, approves Aqua Pa. takeover of Chesco town’s sewer system
the East Whiteland transaction, saying that Aqua had not demonstrated any cost reductions or efficiencies from the East Whiteland transaction.
Opponents to the sale, including a residents group and the Pennsylvania Office of Consumer Advocate, can appeal a PUC decision to Commonwealth Court. The 2016 law, called Act 12, made it easier for private utilities to offer premium “fair market” prices to towns for their utility assets, where the buyers previously had been limited to recovering from customers no more than the book value of the assets. The law has sometimes led to increasingly lofty prices for public utilities, which critics say is pushing up utility rates.that will boost monthly residential water bills for most customers by 12% from $69.35 to $77.51, an $8.16 increase.
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