| Business Summary | | Florida
Public
Utilities
Company
is
an
operating
public
utility
engaged
principally
in
the
purchase,
transmission,
distribution
and
sale
of
electricity
and
in
the
purchase,
transmission,
distribution,
sale
and
transportation
of
natural
gas.
The
Company
is
regulated
by
the
Florida
Public
Service
Commission
(except
for
propane
gas
service)
and
provides
natural
and
propane
gas
service,
electric
service
and
water
service
to
consumers
in
Florida.
The
Company
is
comprised
of
four
divisions.
They
consist
of
West
Palm
Beach,
located
in
southeast
Florida,
which
serves
natural
gas
to
29,308
customers
and
propane
gas
to
5,530
customers;
Central
Florida,
which
serves
10,785
natural
gas
customers
and
2,278
propane
customers;
Marianna,
located
in
the
Florida
panhandle,
which
provides
electricity
to
12,112
customers,
and
Fernandina
Beach,
located
in
extreme
northeast
Florida,
which
serves
13,405
electric
customers,
6,866
water
customers
and
34
propane
customers. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Florida
Public
Utilities
is
an
operating
public
utility
engaged
principally
in
the
purchase,
transmission,
distribution
and
sale
of
electricity,
natural
gas
and
water
services.
For
the
six
months
ended
6/30/01,
revenues
rose
31%
to
$53.6
million.
Net
income
applicable
to
Common
rose
2%
to
$2
million.
Revenues
reflect
increased
natural
gas
sales
and
customer
growth.
Earnings
were
partially
offset
by
higher
labor
costs
and
expenses
related
to
the
new
CS
and
billing
system. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| John English, 57 CEO,
Pres, Chief Operating Officer | $163K | George Bachman, 41 CFO,
Treasurer | -- | Charles Stein, 51 Sr.
VP | 121K | Jack Brown, 66 VP,
Corp. Sec. | 121K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
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