ADDING and REPLACING WATT Fuel Cell Completes Installation of its Latest Generation Fuel Cell System, WATT HOME™, within Peoples Natural Gas Service Territory

PITTSBURGH--(BUSINESS WIRE)--May 27, 2025--

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WATT FUEL CELL COMPLETES INSTALLATION OF ITS LATEST GENERATION FUEL CELL SYSTEM, WATT HOME™, WITHIN PEOPLES NATURAL GAS SERVICE TERRITORY

Locally made fuel cell systems can serve as backup power source for homes by connecting to existing natural gas infrastructure

WATT Fuel Cell, in partnership with Essential Utilities, has successfully installed the next-generation WATT HOME solid oxide fuel cell system in Peoples Natural Gas’ Western Pennsylvania service territory. The installation marks a significant step forward in enhancing energy efficiency and reliability for residential customers.

The WATT HOME system is a cutting-edge technology designed to provide safe, clean, efficient, and reliable energy directly to homes. This system operates by converting natural gas into electricity through an electrochemical process without combustion, offering a sustainable complement or alternative to traditional energy sources.

The installation of a WATT HOME system brings numerous advantages to the homeowner and community at large. Those advantages include increased efficiency, reduced greenhouse gas emissions, and a smaller physical footprint. As a back-up power solution, the WATT HOME system provides a dependable source of electricity, minimizing the impact of grid outages.

With the increasing strain on the PJM electric grid from extreme weather events and the retirement of baseload generators, the need for reliable backup power has never been greater. On average, U.S. electricity customers experience approximately 5.5 hours of electricity interruptions annually. WATT HOME fuel cell systems keep the lights on during outages without the noise or pollution created by standard backup power generators.

"The rising frequency and severity of power disruptions highlight the urgent need for resilient, efficient, and clean energy solutions,” said Caine Finnerty, CEO and Founder of WATT Fuel Cell. “When the power goes out, the WATT HOME system activates to ensure your electricity is working all the time.”

Looking Ahead: Future Installations and Rollout Program

As part of Peoples’ commitment to advance innovative energy solutions, Pennsylvania’s largest natural gas utility plans pilot installations of the WATT HOME system in multiple company field offices. These projects will help define the installation and operational process across different use cases, informing a future public rollout.

“The partnership with WATT is the latest in a series of innovative concepts championed by Peoples to meet modern-day energy demands,” said Peoples President Michael Huwar. “The WATT HOME system’s groundbreaking technology has the potential to protect homeowners from volatility in power generation, offering a reliable, resilient and sustainable energy solution that leverages our region’s abundant natural gas supply.”

For more information about the WATT HOME system, visit WattFuelCell.com.

About WATT Fuel Cell

WATT Fuel Cell ( www.wattfuelcell.com ) is a manufacturer and developer of Solid Oxide Fuel Cell (“SOFC”) stacks and systems that operate on common, readily available fuels such as propane and natural gas. WATT’s proprietary, patented additive manufacturing process (AMP) has allowed it to produce commercially viable SOFC products for small-scale and remote power applications. WATT’s Hybrid Power Management system works in tandem with renewable power sources (solar and wind) and energy storage to provide quiet, efficient, affordable, and environmentally responsible energy solutions prioritizing a return on investment for customers across the globe.

About Peoples Natural Gas

Peoples, an Essential Utilities (NYSE:WTRG) company, provides clean, safe, affordable and reliable natural gas service to approximately 740,000 homes and businesses in Western Pennsylvania and Kentucky. Peoples is committed to its customers, its employees, the environment, and to the regions it serves.

About Essential Utilities

Essential Utilities, Inc. (NYSE:WTRG) delivers safe, clean, reliable services that improve quality of life for individuals, families, and entire communities. With a focus on water, wastewater and natural gas, Essential is committed to sustainable growth, operational excellence, a superior customer experience, and premier employer status. We are advocates for the communities we serve and are dedicated stewards of natural lands, protecting more than 7,600 acres of forests and other habitats throughout our footprint.

Operating as the Aqua and Peoples brands, Essential serves approximately 5.5 million people across 9 states. Essential is one of the most significant publicly traded water, wastewater service and natural gas providers in the U.S.

Forward-Looking Statements

This letter 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, wastewater, and gas distribution 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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A next-generation WATT HOME solid oxide fuel cell installed within the Western Pennsylvania service territory of Peoples Natural Gas, an Essential Utilities company. WATT HOME fuel cells convert natural gas into electricity through an electrochemical process without combustion, offering a sustainable alternative or complement to traditional energy sources.

WASHINGTON (AP) — A day after the audacious U.S. military operation in Venezuela, President Donald Trump on Sunday renewed his calls for an American takeover of the Danish territory of Greenland for the sake of U.S. security interests, while his top diplomat declared the communist government in Cuba is “in a lot of trouble.”

The comments from Trump and Secretary of State Marco Rubio after the ouster of Venezuela's Nicolás Maduro underscore that the U.S. administration is serious about taking a more expansive role in the Western Hemisphere.

With thinly veiled threats, Trump is rattling hemispheric friends and foes alike, spurring a pointed question around the globe: Who's next?

“It’s so strategic right now. Greenland is covered with Russian and Chinese ships all over the place," Trump told reporters as he flew back to Washington from his home in Florida. "We need Greenland from the standpoint of national security, and Denmark is not going to be able to do it.”

Asked during an interview with The Atlantic earlier on Sunday what the U.S.-military action in Venezuela could portend for Greenland, Trump replied: “They are going to have to view it themselves. I really don’t know.”

Trump, in his administration's National Security Strategy published last month, laid out restoring “American preeminence in the Western Hemisphere” as a central guidepost for his second go-around in the White House.

Trump has also pointed to the 19th century Monroe Doctrine, which rejects European colonialism, as well as the Roosevelt Corollary — a justification invoked by the U.S. in supporting Panama’s secession from Colombia, which helped secure the Panama Canal Zone for the U.S. — as he's made his case for an assertive approach to American neighbors and beyond.

Trump has even quipped that some now refer to the fifth U.S. president's foundational document as the “Don-roe Doctrine.”

Saturday's dead-of-night operation by U.S. forces in Caracas and Trump’s comments on Sunday heightened concerns in Denmark, which has jurisdiction over the vast mineral-rich island of Greenland.

Danish Prime Minister Mette Frederiksen in a statement that Trump has "no right to annex" the territory. She also reminded Trump that Denmark already provides the United States, a fellow member of NATO, broad access to Greenland through existing security agreements.

“I would therefore strongly urge the U.S. to stop threatening a historically close ally and another country and people who have made it very clear that they are not for sale,” Frederiksen said.

Denmark on Sunday also signed onto a European Union statement underscoring that “the right of the Venezuelan people to determine their future must be respected” as Trump has vowed to “run” Venezuela and pressed the acting president, Delcy Rodriguez, to get in line.

Trump on Sunday mocked Denmark’s efforts at boosting Greenland’s national security posture, saying the Danes have added “one more dog sled” to the Arctic territory’s arsenal.

Greenlanders and Danes were further rankled by a social media post following the raid by a former Trump administration official turned podcaster, Katie Miller. The post shows an illustrated map of Greenland in the colors of the Stars and Stripes accompanied by the caption: “SOON."

“And yes, we expect full respect for the territorial integrity of the Kingdom of Denmark,” Amb. Jesper Møller Sørensen, Denmark's chief envoy to Washington, said in a post responding to Miller, who is married to Trump's influential deputy chief of staff Stephen Miller.

During his presidential transition and in the early months of his return to the White House, Trump repeatedly called for U.S. jurisdiction over Greenland, and has pointedly not ruled out military force to take control of the mineral-rich, strategically located Arctic island that belongs to an ally.

The issue had largely drifted out of the headlines in recent months. Then Trump put the spotlight back on Greenland less than two weeks ago when he said he would appoint Republican Gov. Jeff Landry as his special envoy to Greenland.

The Louisiana governor said in his volunteer position he would help Trump “make Greenland a part of the U.S.”

Meanwhile, concern simmered in Cuba, one of Venezuela’s most important allies and trading partners, as Rubio issued a new stern warning to the Cuban government. U.S.-Cuba relations have been hostile since the 1959 Cuban revolution.

Rubio, in an appearance on NBC's “Meet the Press,” said Cuban officials were with Maduro in Venezuela ahead of his capture.

“It was Cubans that guarded Maduro,” Rubio said. “He was not guarded by Venezuelan bodyguards. He had Cuban bodyguards.” The secretary of state added that Cuban bodyguards were also in charge of “internal intelligence” in Maduro’s government, including “who spies on who inside, to make sure there are no traitors.”

Trump said that “a lot” of Cuban guards tasked with protecting Maduro were killed in the operation. The Cuban government said in a statement read on state television on Sunday evening that 32 officers were killed in the U.S. military operation.

Trump also said that the Cuban economy, battered by years of a U.S. embargo, is in tatters and will slide further now with the ouster of Maduro, who provided the Caribbean island subsidized oil.

“It's going down,” Trump said of Cuba. “It's going down for the count.”

Cuban authorities called a rally in support of Venezuela’s government and railed against the U.S. military operation, writing in a statement: “All the nations of the region must remain alert, because the threat hangs over all of us.”

Rubio, a former Florida senator and son of Cuban immigrants, has long maintained Cuba is a dictatorship repressing its people.

“This is the Western Hemisphere. This is where we live — and we’re not going to allow the Western Hemisphere to be a base of operation for adversaries, competitors, and rivals of the United States," Rubio said.

Cubans like 55-year-old biochemical laboratory worker Bárbara Rodríguez were following developments in Venezuela. She said she worried about what she described as an “aggression against a sovereign state.”

“It can happen in any country, it can happen right here. We have always been in the crosshairs,” Rodríguez said.

AP writers Andrea Rodriguez in Havana, Cuba, and Darlene Superville traveling aboard Air Force One contributed reporting.

In this photo released by the White House, President Donald Trump monitors U.S. military operations in Venezuela, with Secretary of State Marco Rubio at Mar-a-Lago in Palm Beach, Fla., Saturday, Jan. 3, 2026. (Molly Riley/The White House via AP)