Market Overview

Aqua Pennsylvania receives PENNVEST loan to add PFAS treatment to Montgomery County well

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Aqua Pennsylvania announced today that it has received approval for a PENNVEST loan that will be used to construct a treatment facility at its North Hills well in Upper Dublin Township, Montgomery County that will remove Perfluorooctanoic acid (PFOA), Perfluorooctanesulfonic acid (PFOS) and Perfluorononanoic acid (PFNA), which are a part of the PFAS family of chemicals. Aqua removed this well from service in July 2018.

Since 2018, Aqua has worked with Pennsylvania Department of Environmental Protection to complete studies showing that the proposed resin treatment system will provide the desired treatment and has completed design and permitting and documents for the PENNVEST application. Aqua President Marc Lucca said, "This is another example of meeting commitments we've made to the community regarding the presence of PFAS." The project includes constructing new ion exchange contactors and related well station improvements to accommodate the new treatment.

Aqua's parent company, Essential Utilities Inc., announced in February 2020 its commitment to standardize its activities to address the presence of the PFAS family of chemicals in drinking water across its eight-state Aqua footprint. In its February 2020 news release, Essential said beginning this year, it will make the necessary capital investment in the range of tens of millions of dollars over several years to install mitigation technology at water treatment facilities where source water exceeds 13 parts per trillion (ppt) for any of the three PFAS.

Aqua Pennsylvania serves approximately 1.4 million people in 32 counties throughout the Commonwealth of Pennsylvania. Visit AquaAmerica.com for more information or follow Aqua on Facebook at facebook.com/MyAquaAmerica and on Twitter at @MyAquaAmerica.

About Essential

Essential is one of the largest publicly traded water, wastewater and natural gas providers in the U.S., serving approximately 5 million people across 10 states under the Aqua and Peoples brands. Essential is committed to excellence in proactive infrastructure investment, regulatory expertise, operational efficiency and environmental stewardship. The company recognizes the importance water and natural gas play in everyday life and is proud to deliver safe, reliable services that contribute to the quality of life in the communities it serves. For more information, visit http://www.essential.co.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which generally include words such as "believes," "expects," "intends," "anticipates," "estimates" and similar expressions. The Company can give no assurance that any actual or future results or events discussed in these statements will be achieved. Any forward-looking statements represent its views only as of today and should not be relied upon as representing its views as of any subsequent date. Readers are cautioned that such forward-looking statements are subject to a variety of risks and uncertainties that could cause the company's actual results to differ materially from the statements contained in this release. Such forward-looking statements include but are not limited to statements relating to the capital to be invested by the water divisions of the Company. There are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements including the factors discussed in our Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q, which is filed with the Securities and Exchange Commission. For more information regarding risks and uncertainties associated with The Company's business, please refer to the Company's annual, quarterly and other SEC filings. The Company is not under any obligation - and expressly disclaims any such obligation - to update or alter its forward-looking statements whether as a result of new information, future events or otherwise.

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