Regulatory Roundup
These state-level proceedings set the rates customers pay for electricity and natural gas service.
Rate cases
To ensure billing accuracy, Chesapeake Utilities calibrates these devices regularly according to ANSI standards.
Meters
What is Chesapeake's growth rate target (in terms of EPS)?
8%
How many Board members are there?
8
How long has Cathy been with the company?
25 years
This federal agency regulates interstate natural gas pipelines, electric transmission, and wholesale energy markets.
Federal Energy Regulatory Commission (FERC)
Chesapeake Utilities relies on this technology to monitor and control pipeline pressure and flow in real time across its network.
Supervisory Control and Data Acquisition (SCADA)
What is Chesapeake's 5-year Capex Guidance for 2024-2028?
$1.5B-$1.8B
In 1955, Chesapeake Utilities formed this subsidiary to transport natural gas across the Delmarva Peninsula.
Eastern Shore Natural Gas
Who is Cathy's favorite musician?
Bon Jovi
Name a regulatory rider/tracker designed to reduce regulatory lag.
GRIP, GUARD, SAFE, SPP, etc.
These devices automatically reduce high-pressure gas from transmission lines to safe levels for distribution.
Pressure Regulators
What is Chesapeake's total rate base per the latest forecast?
$700M, $1B, $1.5B, $2.0B
$2.0B
What decade did Chesapeake start the propane business?
80s
Where did Cathy get her graduate degree?
A) Texas Tech B) Tennessee C) Colorado D) Delaware
C) University of Colorado
What is included in the Rate of Return?
WACC - includes cost of debt and cost of equity
Sharp Energy uses these specialized tanks to supply propane to residential communities without individual cylinders
Community Gas System tanks
How many total employees does Chesapeake have?
800, 1,000, 1,200, 1,400
1,200
What year did $CPK begin trading on the NYSE?
1993
What was Cathy's first role as a full-time employee?
A) Meter Reader B) Accountant C) Rate and Revenue Analyst D) Customer Service Rep
C) Rate and Revenue Analyst
Regulated North includes these two balance sheet items in their Capital Structure, while Regulated South includes them in Rate Base.
Customer Deposits and Deferred Taxes
Liquified Natural Gas (LNG) is ____ the volume of natural gas in gaseous state.
1/600th
Name a top 5 investor of $CPK.
Blackrock, T Rowe Price, Vanguard, SSgA Funds, Neuberger Berman
What year was Chesapeake Utilities incorporated?
1947
Mathematics