Exhibit 23





                         CONSENT OF INDEPENDENT AUDITORS





The Board of Directors
Philadelphia Suburban Corporation



We consent to incorporation by reference in the Registration Statements on
Form S-8 (1994 Equity Compensation Plan No. 333-26613), (1994 Employee Stock
Purchase Plan No. 033-52557), (1988 Stock Option Plan No. 33-27032), (1982 Stock
Option Plan No. 2-81757); and on Form S-3 (Dividend Reinvestment and Direct
Stock Purchase Plan No. 333-42275), (Customer Stock Purchase Plan No. 33-64301)
of Philadelphia Suburban Corporation of our report dated January 28, 1998,
relating to the consolidated balance sheets and the statements of capitalization
of Philadelphia Suburban Corporation and subsidiaries as of December 31, 1997
and 1996 and the related consolidated statements of income and cash flow for
each of the years in the three-year period ended December 31, 1997, which report
is incorporated by reference in the December 31, 1997 Annual Report on Form 10-K
of Philadelphia Suburban Corporation.



                                                           KPMG PEAT MARWICK LLP








Philadelphia, Pennsylvania
March 20, 1998