Florida City Gas

What Florida City Gas does

Florida City Gas is a regulated natural gas distribution utility that delivers natural gas to approximately 125,000 residential, commercial, and industrial customers across parts of eight Florida counties — Miami-Dade, Broward, Brevard, Palm Beach, Hendry, Martin, St. Lucie, and Indian River. The company operates a fixed pipeline network consisting of nearly 4,000 miles of distribution pipeline and 80 miles of transmission pipeline, supported by electronic meter reading technology, federally-mandated pipeline integrity management systems, and a 10-year SAFE Program to replace aging infrastructure. Founded in 1946, the company has been a wholly owned subsidiary of Chesapeake Utilities Corporation (NYSE: CPK) since December 2023, following its divestiture by NextEra Energy.

The business model is a regulated rate-based utility. Florida City Gas earns revenue primarily by transporting natural gas through its distribution network to customer meters, with rates set through formal rate case proceedings before the Florida Public Service Commission. In April 2026, the company filed for a $46.9 million general rate base increase (Docket No. 20260026), and a prior rate increase took effect in May 2023. Commercial and industrial customers may purchase natural gas commodity from Florida City Gas or from approved third-party suppliers (including BlueMark Energy, Florida Natural Gas, and Gas South), while the company charges separately for transportation service. Ancillary revenue streams include approximately $1,000 per customer-requested Excess Flow Valve installations and minor transaction fees.

Customer acquisition combines sales-led field activity, builder/developer partnerships via a dedicated Gateway portal, rebate programs (residential appliance conversion, commercial energySMART, and Florida's Energy Conservation Program), and economic development outreach. Distribution is direct through owned pipeline infrastructure, with customer support via an online portal, phone-based service, and Western Union retail payment locations. Safety, regulatory compliance, and community engagement — including a $500,000 commitment to the Rockledge Department of Safety Regional Training Center (2026–2030) — are central operational priorities.

Name

Florida City Gas

Legal name

Florida City Gas

Website

https://floridacitygas.com

Company type

Private

Founded year

1946

Operating status

Operating

Headcount range

501–1,000 employees

Ownership category

akta.pro rank

Product category

Natural Gas Distribution

NAICS

Natural Gas Distribution (221210), Natural Gas Distribution (2212), Natural Gas Distribution (22121), Pipeline Transportation of Natural Gas (48621)

SIC

Natural Gas Distribution (4924), Natural Gas Transmisison & Distribution (4923), Electric, Gas & Sanitary Services (4900)

akta.pro industry

PRIMARYTLAGADAA

Local Distribution Company (LDC) Natural Gas Distribution Utilities

Transportation & Logistics/Pipeline Transportation/Natural Gas Distribution Pipelines

SECONDARYEUAJAAAB

Gas Distribution Operations (Day-to-Day Field & System Operations)

Energy, Utilities & Environment/Gas Utilities (Distribution)/Local Distribution Company (LDC) Operations

SECONDARYEUAJAFAD

Pressure Control & District Regulation Operations (Regulator/Station Monitoring)

Energy, Utilities & Environment/Gas Utilities (Distribution)/Gas Dispatch, Control Rooms & SCADA

SECONDARYEUAJAIAH

FERC/PHMSA/State Commission Rule Compliance (Cross-Regulatory)

Energy, Utilities & Environment/Gas Utilities (Distribution)/Regulatory Compliance, Rates & Tariff Management

SECONDARYTLAGACAK

Natural Gas Transmission Pipeline Control Centers & Dispatch (Gas Control)

Transportation & Logistics/Pipeline Transportation/Natural Gas Transmission Pipelines

Keywords

• Natural gas distribution
• Utility gas services
• Residential gas supply
• Commercial gas supply
• Pipeline infrastructure

Headquarters

HQ city

Doral

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Marketing or Sales, Others

Revenue model

1. Natural Gas Distribution and Transportation: As a regulated utility, Florida City Gas generates revenue by transporting natural gas through its pipeline infrastructure to customers' meters. The company charges for this transportation service while customers may purchase the natural gas commodity from Florida City Gas or a third-party supplier of their choice. Revenue is subject to rate cases approved by the Florida Public Service Commission.
2. Rate-Based Infrastructure Investment Recovery: Florida City Gas recovers capital investments in infrastructure through regulated rate base increases approved by the Florida Public Service Commission. The company filed for a general rate base increase of $46.9 million in April 2026 (Docket No. 20260026), and previously received approval for a base rate increase that took effect in May 2023.
3. Emergency and Field Service Fees: Fees for specialized services including Excess Flow Valve (EFV) installation at approximately $1,000 per customer-requested installation, as well as potential fees for pressure tests, service line relocations, and other field service activities.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels7 records

Core offering

Florida City Gas is a regulated natural gas distribution utility that delivers natural gas service to approximately 110,000 residential, commercial, and industrial customers across 12 Florida counties, including Miami-Dade, Broward, Palm Beach, and St. Lucie. As a subsidiary of Chesapeake Utilities Corporation (NYSE: CPK), the company operates a regulated pipeline distribution system and supports customer-facing programs including bill management, builder services, electronic billing integration for commercial customers, and a state-approved multi-year pipeline enhancement program.

Product overview

Florida City Gas is a natural gas distribution utility that operates as a single, unified service offering. The core product is natural gas distribution service to approximately 125,000 residential, commercial, and industrial customers across eight Florida counties. The service is delivered through nearly 4,000 miles of distribution and 80 miles of transmission pipeline. Supporting the core distribution service are several integrated programs and modules: the SAFE Program for pipeline infrastructure improvement, Budget Billing and eBill for bill management, AutoPay for automated payments, Electronic Data Interchange for commercial customer billing integration, Supplier Choice allowing businesses to select third-party gas suppliers, Florida's Energy Conservation Program offering rebates for energy-efficient appliances, the Builder and Developer Gateway for new construction service requests and rebates, and Excess Flow Valve installation for enhanced safety. These components work together to provide comprehensive natural gas utility service from delivery to customer billing and support.

Differentiator

Problem solved

Functional benefit

Products and services

• Natural Gas Distribution Service

Quantifiable outcome

• Less than 0.01% of Florida natural gas customers experienced service interruption during Hurricane Irma, demonstrating near-100% reliability during severe weather events.
• +3 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature4 records

Partnerships

One partnership is on record.

• Chesapeake Utilities Corporation (NYSE: CPK)coreStrategic or Co-development Partner · 1 December 2023Florida City Gas is a natural gas distribution subsidiary of Chesapeake Utilities Corporation, acquired from NextEra Energy in December 2023. Chesapeake Utilities is a diversified energy delivery company engaged in natural gas transmission and distribution, electricity generation and distribution, propane gas distribution, mobile compressed natural gas utility services, and other businesses. With headquarters in Dover, Delaware, Chesapeake Utilities is publicly traded on the NYSE under ticker CPK.

Scale indicators8 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Southwest Gas Holdings: Natural gas LDC serving ~2 million customers across Arizona, Nevada, and California. Comparable as a regulated distribution utility operating in growth-corridor geographies with similar franchise and rate-base economics.
• Atmos Energy Corporation: Largest pure-play natural gas LDC in the U.S., serving ~3 million customers across Texas, Kentucky, Tennessee, Louisiana, Mississippi, Colorado, Virginia, Georgia, and other states. Directly comparable as a regulated gas distribution utility with similar rate-base earnings model.
• Spire Inc. Natural gas LDC serving ~1.7 million customers across Alabama, Mississippi, and Missouri, plus gas marketing and midstream operations. Comparable as a regulated distribution utility with similar revenue model and rate-case dynamics.
• Northwest Natural Gas Company: Natural gas LDC serving ~1 million customers in Oregon and Southwest Washington. Comparable as a regulated, Pacific Northwest gas distribution utility with similar long-duration franchise model.
• ONE Gas, Inc. Pure-play natural gas LDC serving ~2.3 million customers in Oklahoma, Kansas, and Texas. Closely comparable in scale, regulatory structure, and rate-base earnings mechanics to Florida City Gas.
• Peoples Gas System (Tampa): Another regulated natural gas LDC operating in Florida, owned by TECO Energy / Emera. Directly comparable to Florida City Gas in serving residential, commercial, and industrial gas customers across Florida under a similar PSC regulatory framework.

Broad incumbents

• NextEra Energy Resources: Former parent of Florida City Gas (sold to Chesapeake Utilities in 2023). Operates one of the world's largest renewable energy portfolios plus regulated Florida Power & Light, providing comparability context as FCG's prior corporate parent and broader energy-delivery peer.
• Chesapeake Utilities Corporation: NYSE-listed parent company of Florida City Gas (CPK). Operates natural gas transmission and distribution, electricity generation/distribution, propane distribution, and CNG/LNG/RNG services across the Mid-Atlantic and Florida — providing direct parent-level comparability and consolidated reporting context.
• National Grid (US gas business): Large diversified utility with US gas distribution operations in New York, Massachusetts, and Rhode Island. Comparable as a broader incumbent gas distribution utility, though much larger and operating in colder-weather geographies.

Regional players

• New Jersey Natural Gas: Regulated natural gas LDC serving customers in New Jersey. Comparable business model and regulatory structure to Florida City Gas, though operating in a different geographic and weather region with less hurricane exposure.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/floridacitygas
• Facebookfacebook.com/FloridaCityGas
• LinkedInlinkedin.com/company/florida-city-gas-co

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Florida City Gas