Illinois American Water Acquires Concordia Water Cooperative’s Water Distribution System
February 11 2021 - 5:05PM
Business Wire
Approximate $50 monthly decrease expected
for typical residential customers.
Illinois American Water President Justin Ladner today announced
the Company’s acquisition of the Concordia Water Cooperative water
distribution system, located in an unincorporated area west of
Belleville near Millstadt. The purchase adds approximately 150
water customers to the Metro East service area.
“We have a long history – over 145 years – of providing quality
water service across Illinois, including on a wholesale basis to
Concordia Water Cooperative since October 2011. We are proud of our
track record and look forward to serving these customers directly
and building on our relationship with them,” said Ladner.
The Concordia Water Cooperative voted in favor of the sale in
July 2019. The Illinois Commerce Commission (ICC) approved the sale
for $1.7 million. The sale was completed today.
Cooperative President Sherman Woy said, “customers will benefit
from the sale.” He said, “We are familiar with Illinois American
Water and praise their standards. Customers will continue to
receive safe, reliable water service from a company that has served
this region well for many years. In addition, customers will
experience a significant decrease in rates as a result of the
sale.”
Typical residential Concordia Water Cooperative customers are
expected to see bills decrease by about $50.25 a month. This is
based on monthly usage of 3,500 gallons and a 5/8-inch meter. The
decrease is a result of customers no longer being required to
reimburse the Water Cooperative for the installation of the
community water system infrastructure which replaced residential
wells.
Joe Ahlvin, senior manager of operations for Illinois American
Water’s Southern Division, said, “We are excited to serve Concordia
Water Cooperative customers directly. We are familiar with the
community and their needs. We look forward to continuing our
involvement and being a good neighbor.”
Ahlvin also said the company is committed to upgrading the water
distribution system. Ongoing maintenance and improvements will
support continued reliability and service to customers.
New customers will receive an Illinois American Water welcome
packet in the mail. This packet will include information about
online account management, billing and more. To learn more about
Illinois American Water and hear testimonials from communities the
company has partnered, please visit the Doing Business with Us page
under About Us at www.illinoisamwater.com.
About Illinois American Water - Illinois American Water,
a subsidiary of American Water (NYSE: AWK), is the largest
investor-owned water utility in the state, providing high-quality
and reliable water and/or wastewater services to approximately 1.3
million people. American Water also operates a customer service
center in Alton and a quality control and research laboratory in
Belleville. With a history dating back to 1886, American Water is
the largest and most geographically diverse U.S. publicly traded
water and wastewater utility company. The company employs more than
6,800 dedicated professionals who provide regulated and
market-based drinking water, wastewater and other related services
to 15 million people in 46 states. American Water provides safe,
clean, affordable and reliable water services to our customers to
make sure we keep their lives flowing. For more information, visit
amwater.com and follow American Water on Twitter, Facebook and
LinkedIn.
Illinois American Water ranked #1 in Customer
Satisfaction with Large Water Utilities in the Midwest
according to the J.D. Power 2020 Water Utility Residential Customer
Satisfaction Study For J.D. Power 2020 award information,
visit jdpower.com/awards
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210211005938/en/
Karen Cotton, External Affairs Manager, 309.566.4126 or
karen.cotton@amwater.com
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