Combine the 3 ingredients in a medium saucepan and bring to a boil, stirring a few times until all of the sugar is dissolved. Takes about 3-5 minutes.

At this point, remove pan from heat and cover. Let steep, covered for 25 minutes.

Then strain the peaches from the wonderful pink liquid. Let cool and pour into a bottle or glass container.

Keeps in the refrigerator for about two weeks. To use, pour about one tablespoon into your iced tea. Alternatively, you can flavor a whole pitcher of iced tea and to do so, you would simple pour in the desired amount, mixing as you go and tasting to see if it's to the sweetness you want.