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This profile was last updated on 10/26/11  and contains information from public web pages and contributions from the ZoomInfo community.

Mr. Terry J. Rakocy

Wrong Terry J. Rakocy?

Chief Executive Officer, Aqua Ill...

Phone: (610) ***-****  
Aqua America , Inc.
762 W. Lancaster Ave
Bryn Mawr , Pennsylvania 19010
United States

Company Description: Aqua America, Inc. (Aqua America) is the holding company for regulated utilities providing water or wastewater services to approximately three million people in...   more

Employment History

  • President
  • Chief Operating Officer
    Aqua Utilities Florida , Inc.
  • President
    Consumers Illinois Water Company
51 Total References
Web References
Terry Rakocy , Aqua Illinois ... [cached]
Terry Rakocy , Aqua Illinois President.
Mr. Terry Rakocy P. O. Box ... [cached]
Mr. Terry Rakocy P. O. Box 2480 Lady Lake, FL 32158-2480 Phone: 815-614-2031 FAX: (352) 674-2862
Chief Operating Officer Terry ... [cached]
Chief Operating Officer Terry Rakocy said the company isn't asking the court for the entire amount. "We're not appealing the entire order," Rakocy said.
Rakocy said Aqua wants the appeals court to overturn the commission's finding that the utility's level of service is marginal, rather than the higher rating of "satisfactory. Aqua's penalty for having marginal service was that its profit margin was reduced from the typical 10 percent to 9.26 percent.
Rakocy said the commission failed to cite a specific case where Aqua violated state laws or environmental regulations to justify the marginal rating.
"It's cheaper going with the in-house people than hiring outside firms," Rakocy said.
The final PSC order didn't address whether Aqua Utilities Florida could continue to use its parent company for those professional services, but it reduced the amount of "affiliate charges" by nearly $300,000 a year.
"We're trying to get clarification," Rakocy said. He's worried about the precedent the order would set, since Aqua America owns utilities in seven other states.
Rakocy said if Aqua wins the appeal, the case would go back to the PSC and the legal costs would again be passed on to the customers. "If we spend the money to pursue this case and win it, we will be looking for recovery of those costs," he said.
Terry Rakocy, the company's ... [cached]
Terry Rakocy, the company's chief operating officer, said Friday that the unfavorable service rating the Florida Public Service Commission gave Aqua had no legal basis.
"For the PSC to make such an unfavorable determination, they have to cite a specific violation of either a PSC statute or Department of Environmental Protection regulation that we failed to meet. The commission failed to list any such citation," Rakocy said.
The PSC did not accept the studies the company provided, Rakocy said.
At this point the appeal has no impact on customers' rates, and it's not known what the impact might be if the appeal is successful, Rakocy said.
"What we want is to be treated fairly according to the laws of the state of Florida," Rakocy said.
Ceremony participants included Mayor ... [cached]
Ceremony participants included Mayor Sandra Girard, County Board Chairman and Limestone Township Supervisor Mike Bossert, President of Limestone Township Fire Protection District Lyle Coffman, Aqua Illinois President Terry Rakocy, Aqua Illinois Vice President and Regional Manager Craig Blanchette, and Aqua Illinois local staff.
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