Consolidated Water Co. Ltd. (NASDAQ: CWCO), which develops and operates seawater desalination plants and water distribution systems in areas of the world where naturally occurring supplies of potable water are scarce or nonexistent, today reported its operating results for the third quarter and first nine months of 2011.

For the three months ended September 30, 2011, total revenues increased 9% to approximately $12.8 million, compared with total revenues of approximately $11.7 million in the third quarter of 2010.

Retail water revenues increased 14% to approximately $5.3 million during the most recent quarter, compared with approximately $4.6 million in the three months ended September 30, 2010. The increase in retail water revenues was attributable to an increase of approximately 7% in the number of gallons of water sold, a 2% inflation-related increase to base rates effective January 1, 2011 due to an upward movement in the price indices used to determine such rate adjustments, and higher energy prices in 2011 that resulted in an increase in energy pass-through charges to the Company’s
retail customers.

Bulk water revenues increased 18% to approximately $7.5 million, compared with approximately $6.3 million in the year-earlier quarter, reflecting an increase of approximately 8% in the volume of water sold and increased energy pass-through charges to the Company’s customers due to higher energy prices.