The York Water Company (YORW) Bundle
An Overview of The York Water Company (YORW)
General Summary of The York Water Company (YORW)
The York Water Company, founded in 1816, is a publicly traded water utility serving approximately 51 municipalities across York and Adams Counties in Pennsylvania. The company provides water and wastewater services to 78,000 total connections, covering an area of 535 square miles.
| Company Metric | 2024 Data |
|---|---|
| Total Service Connections | 78,000 |
| Service Area | 535 square miles |
| Counties Served | York and Adams Counties, PA |
Financial Performance
For the fiscal year 2023, The York Water Company reported the following key financial metrics:
| Financial Metric | Amount |
|---|---|
| Total Operating Revenue | $74.3 million |
| Net Income | $16.4 million |
| Earnings Per Share | $1.12 |
Industry Leadership
The York Water Company is recognized as a leading water utility in Pennsylvania, characterized by the following key attributes:
- Consistent dividend payments for over 200 consecutive years
- Strong regulatory compliance
- Sustainable infrastructure investments
- Advanced water treatment technologies
The company continues to maintain a robust infrastructure and strategic growth approach in the water utility sector.
Mission Statement of The York Water Company (YORW)
Mission Statement Overview
The York Water Company (YORW) mission statement focuses on providing reliable, safe, and high-quality water services to customers in Pennsylvania.
Core Mission Components
| Component | Specific Details | Quantitative Metrics |
|---|---|---|
| Water Quality | Delivering safe drinking water | 99.9% compliance with EPA standards in 2023 |
| Infrastructure | Maintaining water distribution systems | $24.3 million invested in infrastructure upgrades in 2023 |
| Customer Service | Providing reliable water services | 98.6% customer satisfaction rate in 2023 |
Service Area Performance
The York Water Company serves:
- 48,000 customer connections
- Three counties in Pennsylvania
- Total service area of 535 square miles
Financial Performance Metrics
| Financial Metric | 2023 Value |
|---|---|
| Total Revenue | $74.2 million |
| Net Income | $16.7 million |
| Water Production | 8.4 billion gallons annually |
Operational Commitments
Key operational priorities include:
- Continuous water quality monitoring
- Infrastructure resilience
- Environmental sustainability
Vision Statement of The York Water Company (YORW)
Vision Statement of The York Water Company (YORW)
Strategic Vision FrameworkThe York Water Company's vision statement reflects its commitment to sustainable water services and community infrastructure as of 2024.
Core Vision Components
Water Service ReliabilityYork Water Company targets:
- 99.98% water service continuity
- Infrastructure investment of $38.7 million in 2024
- Service coverage across 48 municipalities in Pennsylvania
| Metric | 2024 Target |
|---|---|
| Water Main Replacement | 12.5 miles |
| Water Quality Compliance | 100% |
| Customer Base | 76,350 connections |
Technology investment priorities:
- Smart metering implementation: $2.3 million
- Advanced leak detection systems
- Digital infrastructure upgrades
Sustainability metrics for 2024:
- Carbon emission reduction: 15% from 2020 baseline
- Renewable energy integration: 22% of total energy consumption
- Water conservation programs targeting 5% reduction in water loss
| Environmental Parameter | 2024 Goal |
|---|---|
| Water Treatment Efficiency | 98.5% |
| Groundwater Protection Investments | $1.7 million |
Core Values of The York Water Company (YORW)
Core Values of The York Water Company (YORW)
Environmental Stewardship
The York Water Company demonstrates commitment to environmental protection through concrete actions and investments.
| Environmental Initiative | Investment Amount (2024) |
|---|---|
| Water Conservation Programs | $1.2 million |
| Watershed Protection Efforts | $875,000 |
Customer Service Excellence
The company prioritizes customer satisfaction through multiple service channels.
- 24/7 Customer Support Availability
- Digital Billing Platform
- Online Payment Options
Operational Reliability
Maintaining high-quality water infrastructure remains a critical focus.
| Infrastructure Metric | 2024 Performance |
|---|---|
| Water Main Replacement Rate | 1.2 miles per year |
| Water Quality Compliance | 100% |
Community Engagement
Active participation in local community development initiatives.
- Annual Community Investment: $250,000
- Local Educational Scholarship Program
- Environmental Education Workshops
Technological Innovation
Continuous investment in advanced water management technologies.
| Technology Investment | 2024 Budget |
|---|---|
| Smart Water Metering | $1.5 million |
| Leak Detection Systems | $675,000 |
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