New Jersey American Water Acquires System in Mendham Township

Feb. 24, 2016 3:09 pm

Former Roxiticus customers to receive substantial rate decrease

New Jersey American Water has acquired the Roxiticus Water Company in Mendham Township. Effective today, New Jersey American Water will begin providing water services to 104 new customers. Financial terms of the sale were not disclosed.

The New Jersey Board of Public Utilities approved a restructuring of Roxiticus’ former rates to align with New Jersey American Water’s current rates. The average Roxiticus customer, using 6,000 gallons of water per month, will save approximately $22 per month with New Jersey American Water.

Additionally, new customers will have access to the company’s 24/7 emergency customer service center, online account management tools, and the benefits of the company’s commitment to upgrading and replacing aging infrastructure.

New Jersey American Water, a wholly owned subsidiary of American Water, is the largest investor-owned water utility in the state, providing high-quality and reliable water and/or wastewater services to approximately 2.5 million people. Founded in 1886, American Water is the largest and most geographically diverse publicly traded U.S. water and wastewater utility company. With headquarters in Voorhees, N.J., the company employs more than 6,800 dedicated professionals who provide drinking water, wastewater and other related services to approximately 15 million people in 47 states, as well as parts of Canada. More information can be found by visiting

New Jersey American Water
Richard Barnes, 856-782-2371

Business Wire
February 24, 2016 - 3:09 PM EST

"I work with many of the companies that would be RedChip companies. And we certainly ascribe to the same view that the RedChip Companies do, which is Discovering Tomorrow's Blue Chips Today."

  • Bob McCooey, Senior Vice President, NASDAQ Stock Market