Company: MSEX
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0001174947-25-000251
Chunk: 0

Company: MIDDLESEX WATER CO
Filing Date: 2025-02-28
Form: 10-K
Item: Item 1
Chunk 0
---
Item 1.Business.

The terms “the Company,” “we,”
“our,” and “us” collectively refer to Middlesex Water Company (Middlesex) and its subsidiaries, including Tidewater
Utilities, Inc. (Tidewater) and Tidewater’s wholly-owned subsidiaries, Southern Shores Water Company, LLC (Southern Shores) and
White Marsh Environmental Systems, Inc. (White Marsh). The Company’s other subsidiaries are Pinelands Water Company (Pinelands Water)
and Pinelands Wastewater Company (Pinelands Wastewater) (collectively, Pinelands), Utility Service Affiliates, Inc. (USA) and Utility
Service Affiliates (Perth Amboy) Inc. (USA-PA). 

Overview

Middlesex was incorporated as a water utility
company in 1897 and owns and operates regulated water utility and wastewater systems primarily in New Jersey and Delaware. Middlesex also
operates water and wastewater systems under contract on behalf of municipal and private clients primarily in New Jersey and Delaware.
Across our regulated utility systems, we serve approximately 128,000 customers. We operate water and wastewater systems under unregulated
contracts for governmental entities and private entities.

Our principal executive offices are located at
485C Route 1 South, Suite 400, Iselin, New Jersey 08830. Our telephone number is (732) 634-1500. Our website address is www.middlesexwater.com.
Information contained on our website is not part of this Annual Report on Form 10-K. We make available, free of charge through our website,
reports and amendments filed or furnished pursuant to Section 13(a) or 15(d) of the Securities Exchange Act of 1934, after such material
is electronically filed with or furnished to the United States Securities and Exchange Commission (the SEC). We also periodically provide
certain information for investors on our website, and our investor relations website, investors.middlesexwater.com. This includes press
releases and other information about dividends on the Company’s equity securities.

Middlesex System 

Located in New Jersey, the Middlesex System provides
water services to approximately 61,000 retail customers, primarily in eastern Middlesex County and under wholesale contracts to the City
of Rahway, Townships of Edison and Marlboro, the Borough of Highland Park and the Old Bridge Municipal Utilities Authority. The Middlesex
System treats, stores and distributes water for residential, commercial, industrial and fire protection purposes. The