for the sale of the town’s wastewater system. But both Aqua and New Garden failed to make it clear that in order for Aqua to profit off its investment, we would be footing the bill.would see our typical annual bill go from $876 to $1,204A tactic Aqua used with New Garden — one that is similar to other deals across the country — was the
, and then a 4% per year cap on increases for a total of ten years. This would have limited rates for a typical home to $1,107 per year after 10 years, compared to the actual $1,720 we will soon face.Aqua is now offering over $400 million to acquire Chester Water Authority, a
Competition is good.
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