West Virginia American Water Completes Acquisition of Queen Shoals PSD Water System
August 29 2017 - 1:00PM
Business Wire
West Virginia American Water announced today that it has
completed its acquisition of the Queen Shoals Public Service
District (QSPSD) water system. The transaction was recently
approved by the Public Service Commission of West Virginia and
followed several years of discussions with the distressed public
service district, which was severely impacted by flooding in June
2016.
Queen Shoals PSD previously purchased water through an
interconnection with West Virginia American Water but owned its
water distribution system and was responsible for operations,
maintenance, billing and rates. The system serves 215 customers in
and around the communities of Bomont, Glen, Odessa, Queen Shoals
and Valley View Drive in western Clay County.
When QSPSD experienced extreme duress after flooding destroyed
the supply main for the water system, West Virginia American Water
provided emergency assistance to help restore water service to
QSPSD customers. This assistance included restoring 2.5 miles of
roads and creek banks and installing 1,500 feet of temporary water
lines to bypass areas where the existing line was damaged or
missing. Earlier this month, West Virginia American Water completed
a year-long $1 million project to permanently install 14,400 feet
of water main outside of the floodplain and retire the temporary
water line installed last year.
“We were proud to assist Queen Shoals PSD when it faced dire
straits following last summer’s devastating floods, and we are
equally pleased to become the long-term, sustainable water utility
solution for this community and its citizens who already rely on us
for clean, safe water,” said Brian Bruce, president of West
Virginia American Water.
Effective today, Queen Shoals PSD customers are now customers of
West Virginia American Water, paying the company’s standard rates
as set by the PSC. Certain low income customers may qualify for an
automatic 20 percent discount through the company’s Special Reduced
Rate program. Throughout the next week, West Virginia American
Water representatives will be replacing all water meters in the
former QSPSD system to ensure accurate and timely billing.
“Small water systems across the state often struggle to keep up
with the operational, maintenance and regulatory demands of running
a water system, and we know the hardship it causes for utility
managers and customers,” Bruce continued. “We are pleased to expand
our operations to serve these Clay County residents and are
confident that our team’s expertise and our company’s investment
will improve service reliability for these customers for years to
come.”
West Virginia American Water, a subsidiary of American Water
(NYSE: AWK), is the largest water utility in the state, providing
high-quality and reliable water services to approximately 550,000
people. Founded in 1886, American Water is the largest publicly
traded U.S. water and wastewater utility company. The company
employs more than 6,700 dedicated professionals who provide
regulated and market-based drinking water, wastewater and other
related services to an estimated 15 million people in 47 states and
Ontario, Canada. More information can be found at
www.westvirginiaamwater.com.
Connect with us:
Facebook.com/wvamwater ● Twitter.com/wvamwater
● YouTube.com/wvamwater
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version on businesswire.com: http://www.businesswire.com/news/home/20170829005939/en/
West Virginia American WaterLaura Martin, External Affairs
ManagerOffice: 304-340-2089Mobile:
304-932-7158Laura.Martin@amwater.comwww.westvirginiaamwater.com
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