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

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

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

American Water Works Co., Inc. : Illinois American Water Implements Solar Power at Peoria Office

share with twitter share with LinkedIn share with facebook
share via e-mail
0
07/16/2012 | 09:53pm CET

July 16, 2012 Karen Cotton
309.566.4126 karen.cotton@amwater.com

Illinois American Water Implements Solar Power at Peoria Office Project will decrease energy costs by approximately 77 percent

Peoria, Ill. (July 16, 2012) -Construction will begin this week to install solar power at Illinois American Water's Peoria District distribution office building located at 8400 North University in Peoria. A solar rebate from the Illinois Department of Commerce and Economic Opportunity and a federal tax credit will help to fund this investment.
Illinois American Water received approximately $165,000 through the Illinois Department of Commerce and Economic Opportunity's Community Solar and Wind Grant Program for the installation of a 90.45 kW solar energy system. The company will also receive 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 office in Peoria while reducing energy cost by about 77 percent," said Karla Olson Teasley, president of Illinois American Water.
The solar structures will be installed by local contractors working with Day and Night Solar and CMS Renewables. 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 Chris Johnson, Senior Operations Manager for the Peoria District, "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."

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 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

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on AMERICAN WATER WORKS COMPA
02/22 AMERICAN WATER WORKS COMPANY, INC. ( : AWK) Files An 8-K Results of Operations a..
02/21 AMERICAN WATER WORKS : beats 4Q profit forecasts
02/21 AMERICAN WATER WORKS COMPANY, INC. : Results of Operations and Financial Conditi..
02/21 AMERICAN WATER WORKS : Reports 2016 Fourth Quarter and Year-End Results
02/21 AMERICAN WATER WORKS : MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITI..
02/21 AMERICAN WATER WORKS : Local Utilities Raise Awareness of Utility Worker Imposte..
02/21 AMERICAN WATER WORKS : AWK) Gains on Expected Earnings
02/16 AMERICAN WATER WORKS : names Jeffrey McIntyre senior vice president of its Mid-A..
02/16 AMERICAN WATER WORKS : Richard Svindland named president of California American ..
02/16 WEST VIRGINIA AMERICAN WATER : names Brian Bruce as its new president
More news
Sector news : Water Supply & Irrigation Systems
2016 EDF shares slump after warning of lower earnings in 2017
2016 DEE VALLEY : backs Severn Trent's increased takeover offer
2016 FTSE ends little changed, housebuilders skid
2016 UNITED UTILITIES : first-half underlying profit rises marginally
2016DJVEOLIA ENVIRONNEMENT : Gets £338 Million Contract From The London Borough of Cam..
More sector news : Water Supply & Irrigation Systems
News from SeekingAlpha
02/22 American Water Works (AWK) CEO Susan Story on Q4 2016 Results - Earnings Call..
02/22 American Water Works Company, Inc. 2016 Q4 - Results - Earnings Call Slides
02/21 American Water Works EPS in-line, misses on revenue
02/20 Notable earnings after Tuesday?s close
02/10 VALUATION DASHBOARD : Utilities - Update
Advertisement
Financials ($)
Sales 2017 3 520 M
EBIT 2017 1 246 M
Net income 2017 547 M
Debt 2017 7 280 M
Yield 2017 2,18%
P/E ratio 2017 24,53
P/E ratio 2018 22,89
EV / Sales 2017 5,83x
EV / Sales 2018 5,69x
Capitalization 13 240 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
TrendsBullishNeutralNeutral
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 15
Average target price 78,9 $
Spread / Average Target 6,1%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Susan N. Story President, Chief Executive Officer & Director
George F. MacKenzie Non-Executive Chairman
Walter J. Lynch Chief Operating Officer
Linda G. Sullivan CFO, Principal Accounting Officer & EVP
Mark S. Smith Chief Information Officer & Vice President
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
AMERICAN WATER WORKS C..2.79%13 240
GUANGDONG INVESTMENT L..2.37%8 298
BEIJING ENTERPRISES WA..10.42%6 205
CHONGQING WATER GROUP ..8.08%5 602
CHENGDU XINGRONG ENVIR..--.--%2 556
COMPANHIA DE SANEAMENT..37.51%2 228
More Results