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The Pennsylvania Public Utility Commission voted Wednesday to approve Aqua Pennsylvania’s $29.5 million acquisition of the sewer system in New Garden Township. The system serves 2,106 customers in New Garden and Kennett Square. According to a report in the Philadelphia Inquirer, the acquisition is the first transaction conducted under Act 12, a law approved last year that allows private companies to pay market prices for utilities and then add that cost to their rate base. The law was designed to encourage the consolidation of smaller utilities.The negotiated price Aqua will pay for the system came in below the appraised value of the assets, but it is $10.9 million above the township’s original cost.