Chesapeake Utilities Corporation CPK Florida City Gas — Regulatory Liabilities
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Where this comes from
Reported directly by Chesapeake Utilities Corporation in its filing.
Tagged under the XBRL concept us-gaap:RegulatoryLiabilities.
The source filing: Chesapeake Utilities Corporation’s 10-Q, filed May 6, 2026.
- Filed
- May 6, 2026, 4:55 PM EDT
- Fiscal quarter
- Q4 FY2026
- Calendar quarter
- Q4 2026
- Accession
- 0001628280-26-031397
FCG Natural Gas Rate Case: In May 2022, FCG filed a general base rate increase with the Florida PSC based on a projected 2023 test year. In June 2023, the Florida PSC issued an order approving a single total base revenue increase of $23.3 million (which included an incremental increase of $14.1 million, a previously approved increase of $3.8 million for a liquefied natural gas facility, and $5.3 million to transfer the SAFE investments from a rider clause to base rates), with new rates becoming effective as of May 1, 2023. The Florida PSC also approved FCG's proposed RSAM with a $25.0 million reserve amount, continuation and expansion of the capital SAFE program, implementation of an automated metering infrastructure pilot, and continuation of the storm damage reserve with a target reserve of $0.8 million. The Florida OPC filed a notice of appeal with the Florida Supreme Court in July 2023, which is pending. The Florida OPC filed their initial brief in January 2024 with answer briefs filed in April 2024. Oral arguments in the case were held in December 2024. The Florida Supreme Court has yet to rule on the case.
Item 1. Financial Statements
FAQ
- What is Chesapeake Utilities Corporation's florida city gas — regulatory liabilities?
- Chesapeake Utilities Corporation (CPK) reported florida city gas — regulatory liabilities of $800K in Q4 2026.
- How has Chesapeake Utilities Corporation's florida city gas — regulatory liabilities changed year-over-year?
- Chesapeake Utilities Corporation's florida city gas — regulatory liabilities decreased by 0.0% year-over-year, from $800K to $800K.
- What does florida city gas — regulatory liabilities mean?
- Represents obligations or deferred credits that the utility is required to return to customers or offset against future costs, as mandated by regulatory authorities. These liabilities often arise from timing differences between cost collection and actual expenditure or specific regulatory accounting orders. Monitoring this balance is essential for understanding future earnings volatility and cash flow obligations.
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