Industry & Services >> CEO Interviews >> November 1, 2010

Aqua America, Inc. – Nicholas Debenedictis

Nicholas DeBenedictis is the Chairman and CEO of Aqua America, Inc. Previously Mr. DeBenedictis was Senior Vice President of Corporate and Public Affairs for PECO Energy. Prior to that, Mr. DeBenedictis was President of the Greater Philadelphia Chamber of Commerce. He served in two cabinet positions in the Pennsylvania government. Before joining the cabinet, he spent eight years with the U.S. Environmental Protection Agency. Mr. DeBenedictis received a bachelor's degree in business administration from Drexel University in 1968, and a master's degree in environmental engineering and science from Drexel in 1969. He served in the Army Corps of Engineers between 1970 and 1973, reaching the rank of Captain. Profile
TWST: In Q2 your revenue was up almost 7%. Walk us through the factors that contributed to that increase.

Mr. DeBenedictis: As a utility, our revenues are dependent on how many assets we deploy, of