Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  American Water Works Company Inc    AWK

Delayed Quote. Delayed  - 08/26 10:02:00 pm
74.8 USD   -1.93%
08/26 AMERICAN WATER : Kentucky Public Service Commission Approves Settle..
08/25 AMERICAN WATER : Illinois American Water's Lincoln District to Inve..
08/25 AMERICAN WATER : Kentucky American Water Continues Water System Upg..
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

American Water Works Co., Inc. : Illinois American Water Implements Solar Power at Belleville Offices

share with twitter share with LinkedIn share with facebook
share via e-mail
0
03/07/2012 | 08:55pm CEST

March 7, 2012 Karen Cotton
309.566.4126 karen.cotton@amwater.com

Illinois American Water Implements Solar Power at Belleville Offices Project will decrease energy costs by approximately 15 percent

Belleville, Ill. (March 7, 2012) -Illinois American Water is installing solar power at office buildings located at 100
North Water Works Drive and 300 North Water Works Drive in Belleville. Two solar rebates from the Illinois
Department of Commerce and Economic Opportunity and a federal tax credit are helping to fund this investment.
Illinois American Water received two $30,000 solar rebates from the Illinois Department of Commerce and Economic Opportunity for the installation of two 24 kW solar systems. The company also received a 30 percent federal tax credit to help offset installation costs.
"This new solar power system will provide an environmentally friendly energy source to our offices in Belleville while reducing energy cost by about 15 percent," said Karla Olson Teasley, president of Illinois American Water.
The solar structures, which are being installed by local contractor Day and Night Solar and CMS Renewables, will be located along the south side of the current parking lot. In addition to producing electricity the solar power systems will also produce annual Solar Renewable Energy Credits (SREC's). SREC's can be purchased by power utilities to help them in meeting renewable energy power requirements.
According to Jeffrey Kaiser, director of engineering for Illinois American Water, "This project supports our company's commitment to control costs. In time this investment will not only pay for itself but will help offset rising energy costs, which ultimately benefits our customers."
Illinois America Water is investigating potential opportunities to complete solar power projects in the Peoria District.

About Illinois American Water

Illinois American Water, a wholly owned 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 more than 1.2 million people. American Water also operates a customer service center in Alton and a quality control and research laboratory in Belleville. Founded in 1886, American Water is the largest publicly traded U.S. water and wastewater
utility company. With headquarters in Voorhees, N.J., the company employs more than 7,000 dedicated professionals who provide drinking water, wastewater and other related services to approximately 15 million people in more than 30
states, as well as parts of Canada. More information can be found by visiting www.amwater.com.
PRESS RELEASE www.amwater.com

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on AMERICAN WATER WORKS COMPA
08/26 AMERICAN WATER WORKS : Kentucky Public Service Commission Approves Settlement in..
08/25 AMERICAN WATER WORKS : Illinois American Water's Lincoln District to Invest Appr..
08/25 AMERICAN WATER WORKS : Kentucky American Water Continues Water System Upgrades w..
08/24 AMERICAN WATER WORKS : Kentucky Public Service Commission Approves Settlement in..
08/24 AMERICAN WATER WORKS : Illinois American Water to Replace Valve at War Memorial ..
08/22 AMERICAN WATER WORKS : Pennsylvania american water kicks off $2.2 million water ..
08/22 AMERICAN WATER WORKS : Illinois American Water to Conduct Fire Hydrant Flushing ..
08/18 AMERICAN WATER WORKS : Hershey resident to lead internal communications for amer..
08/16 AMERICAN WATER WORKS : Hershey Resident to Lead Internal Communications for Amer..
08/11 AMERICAN WATER WORKS : Declares Quarterly Dividend
More news
Sector news : Water Supply & Irrigation Systems
08/17 Canada's Brookfield to buy Odebrecht Ambiental
07/20DJSEVERN TRENT : Trading in Line with Expectations
07/06 Weaker energy and property stocks hurt FTSE
06/22DJVEOLIA ENVIRONNEMENT : Michigan Sues Consulting Firms in Flint Lead Crisis
05/26 UNITED UTILITIES' : full-year underlying operating profit falls 9 percent
More sector news : Water Supply & Irrigation Systems
News from SeekingAlpha
08/15 Why It's Time To Pick Up American Water Works
08/04 American Water Works' (AWK) CEO Susan Story on Q2 2016 Results - Earnings Cal..
08/03 American Water Works beats by $0.04, misses on revenue
08/02 Notable earnings after Wednesday?s close
07/29 American Water Works Company declares $0.375 dividend
Advertisement
Financials ($)
Sales 2016 3 349 M
EBIT 2016 1 163 M
Net income 2016 510 M
Debt 2016 6 578 M
Yield 2016 1,99%
P/E ratio 2016 26,40
P/E ratio 2017 24,73
EV / Sales 2016 5,94x
EV / Sales 2017 5,80x
Capitalization 13 307 M
More Financials
Chart AMERICAN WATER WORKS COMPA
Duration : Period :
American Water Works Compa Technical Analysis Chart | AWK | US0304201033 | 4-Traders
Full-screen chart
Technical analysis trends AMERICAN WATER WO...
Short TermMid-TermLong Term
TrendsBearishNeutralBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 16
Average target price 78,3 $
Spread / Average Target 4,7%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Susan N. Story President, Chief Executive Officer & Director
George F. MacKenzie Non-Executive Chairman
Linda G. Sullivan Chief Financial Officer & Executive Vice President
Mark S. Smith Chief Information Officer & Vice President
Julia L. Johnson Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
AMERICAN WATER WORKS C..25.19%13 307
GUANGDONG INVESTMENT L..7.71%9 483
BEIJING ENTERPRISES WA..-7.17%5 668
CHONGQING WATER GROUP ..-20.58%5 333
CHENGDU XINGRONG ENVIR..--.--%2 625
ZHEJIANG FUCHUNJIANG E..--.--%1 478
More Results