Florida Public Utilities Company

West Palm Beach, FL United States

  (NASDAQ TRACE: FPU.GA)

Company Description

Electricity, natural gas, and propane are the right energy mix to keep the customers of Florida Public Utilities happy. The company serves more than 51,530 natural gas, 31,030 electricity, and more than 13,650 propane customers in southern, central, northwestern, and northeastern Florida. Florida Public Utilities buys its natural gas supply directly from marketers and producers and its electricity supply from nearby generating utilities; propane is purchased from wholesale suppliers. In 2009 Chesapeake Utilities acquired the company in a move that made Chesapeake Utilities a national player, and boosted the customer base of the combined companies to 200,000 in the Florida and Mid-Atlantic markets.