• Aqua PA President Mark Lucca said this same thing to the press the day after Aqua filed the suit (Source: Aqua Pa. sues to block Chester Water Authority deal with Chester, Delco Times, April 4, 2018, available at [HTTP LINK] and ‘Unholy alliance’: Aqua sues to block $60M Chester bailout as it pursues takeover of public water system, philly.com, April 4, 2019, available at [HTTP LINK];

 

 

  • But Aqua does not need to absorb the 10% CWA rate increase, and that is why Aqua’s suit is frivolous;

 

 

 

 

  • Nobody in Aqua’s rate case objected to these points;

 

 

 

  • Aqua thus has no damages from the CWA 10% rate increase, because Aqua itself decided months ago to fully pass this cost on to its customers;

 

  • Aqua’s suit is also a disingenuous attempt to get an arbitrage profit on CWA water: Aqua is trying to freeze its own costs while increasing its own rates. If CWA’s rates are blocked from going up, Aqua gets to pocket the added revenue from its newly raised rates.