York Water Co's Business Segments
York Water Co's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Revenue Share by Reportable Segment - FY
- Water Utility Service11.3%
- Wastewater Utility Service Commercial and Industrial4%
- Other Revenue0.3%
Revenue by Reportable Segment - FY
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Water Utility Service | $ 3 | 11.3% |
| Wastewater Utility Service Commercial and Industrial | $ 1 | 4% |
| Other Revenue | $ 0 | 0.3% |
Revenue by Product & Service Category - FY
- Water Utility Service54.5%
- Wastewater Utility Service9.1%
- Billing and Revenue Collection Services0.1%
- Service Line Protection Plan0.1%
- Collection Services0%
Revenue by Product & Service Category - FY
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Water Utility Service | $ 11 | 54.5% |
| Wastewater Utility Service | $ 2 | 9.1% |
| Billing and Revenue Collection Services | $ 0 | 0.1% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
Sign in to unlock the full York Water Co dataset.
Annual Results
Revenue Share by Reportable Segment - FY
- Water Utility Service11.3%
- Wastewater Utility Service Commercial and Industrial4%
- Other Revenue0.3%
Revenue by Reportable Segment - FY
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Water Utility Service | $ 3 | 11.3% |
| Wastewater Utility Service Commercial and Industrial | $ 1 | 4% |
| Other Revenue | $ 0 | 0.3% |
Description of York Water Co
The York Water Company is the oldest investor-owned water utility in the United States and is duly organized under the laws of the Commonwealth of Pennsylvania. The Company has operated continuously since 1816. The primary business of the Company is to impound, purify to meet or exceed safe drinking water standards and distribute water. The Company also owns and operates two wastewater collection and treatment systems. The Company operates within its franchised territory, which covers 39 municipalities within York County, Pennsylvania and nine municipalities within Adams County, Pennsylvania. The Company is regulated by the Pennsylvania Public Utility Commission, or PPUC, in the areas of billing, payment procedures, dispute processing, terminations, service territory, debt and equity financing and rate setting. The Company must obtain PPUC approval before changing any practices associated with the aforementioned areas.
Segments
1. Water Supply
- Residential Water Services: The company provides clean and potable water to thousands of residential customers. This includes the treatment and distribution of drinking water, ensuring it meets safety and quality standards.
- Commercial Water Services: York Water Co. caters to local businesses and industrial customers, providing tailored water service solutions that meet the unique demands of commercial operations, from restaurants to manufacturing industries.
- Wholesale Water Sales: The company also engages in wholesale water sales to municipal and regional entities, supplying them with water for wider geographic areas. This segment often involves partnerships or contracts with other local governments.
2. Wastewater Treatment
- Residential Wastewater Services: The company manages the collection and treatment of wastewater from residential customers, ensuring environmentally responsible disposal and treatment processes.
- Commercial Wastewater Services: Similar to its water services, York Water Co. offers specialized wastewater solutions for commercial entities, helping them adhere to regulatory requirements while processing their waste.
- Industrial Wastewater Services: This segment includes providing treatment solutions for industrial wastewater, which may involve more complex processes due to the nature of the waste generated by various manufacturing operations.
3. Sustainability Initiatives
- The company is dedicated to sustainable water management practices, focusing on conservation, infrastructure improvements, and the use of technology to improve efficiency. This includes investments in water recycling programs, leak detection technologies, and community education initiatives about water conservation.
Products and Services
1. Core Products
- Potable Water: The primary product offered is high-quality potable water, sourced from various water supplies, treated using advanced filtration and disinfection methods to ensure safety for consumption.
- Wastewater Treatment: The treatment of wastewater is another critical product, ensuring that used water is returned to the environment in an environmentally safe manner.
2. Additional Services
- Water Metering Services: York Water Co. provides end-users with water metering solutions that allow for accurate tracking of water consumption, aiding in billing and resource management.
- Maintenance and Repair Services: The company offers services related to the maintenance and repair of pipelines, control systems, and treatment facilities, ensuring continuous service delivery and infrastructure reliability.
- Emergency Services: In case of water main breaks or other urgent issues, the company is equipped to respond quickly, minimizing service disruption and ensuring public safety.
3. Community Engagement and Education
- Customer Support and Engagement: York Water Co. emphasizes customer service, providing platforms for inquiries, bill payments, and service requests. They often engage with the community through public meetings, educational programs, and outreach to raise awareness about water conservation and infrastructure projects.
- Water Quality Reports: The company regularly publishes water quality reports that provide transparency regarding water safety, treatment processes, and compliance with regulatory standards.
4. Technological Innovations
- York Water Co. embraces technology to enhance operational efficiencies, incorporating systems for monitoring water quality, predictive maintenance of infrastructure, and data analytics for better decision-making regarding resource allocation and customer service.
5. Billing and Payment Services
- The company offers flexible billing options, including online payments, projections for usage-based billing, and customer assistance programs for families facing financial difficulties.
In summary, York Water Company operates in vital segments encompassing water supply and wastewater services, offering a comprehensive range of products and services aimed at supporting both its residential and commercial customers, while also engaging in sustainable practices and community-focused efforts. Their dedication to enhancing water quality and service delivery reflects a commitment to both public service and environmental stewardship.
,