Chesapeake Utilities Corporation Honored as Employer Champion of the Year by Delaware Department of Labor
Recognition Award: Chesapeake Utilities Corporation has been named Employer Champion of the Year for Kent County by the Delaware Department of Labor, highlighting its commitment to workplace accessibility and inclusion.
DiverseAbilities ERG Initiatives: The company's DiverseAbilities Employee Resource Group actively promotes inclusion through community engagement, including volunteering for events like the Special Olympics and raising funds for autism research.
Leadership Commitment: CEO Jeff Householder emphasized the importance of a people-first approach and a values-based culture that fosters respect and collaboration among employees.
Community Impact: The recognition reflects Chesapeake Utilities' dedication to creating an inclusive environment where employees contribute meaningfully to both the workplace and the wider community.
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- Project Scale: The new Sussex Technical High School campus represents Delaware's largest school construction initiative in history, with an estimated cost of approximately $249 million and over 400,000 square feet, aimed at increasing student capacity to 1,800 high school students and 3,500 adult education students.
- Energy Service Assurance: Chesapeake Utilities is constructing a nearly four-mile natural gas main extension to provide reliable natural gas service to the new campus, ensuring energy supply for key building systems, thereby supporting the long-term operation and modernization of the school.
- Investment in Education and Community: This project is not only an investment in education but also a commitment to the future development of the community, as Chesapeake Utilities and Sussex Tech collaborate to drive regional growth through modern infrastructure and dependable energy solutions.
- Transition and Modernization: The Sussex County Vocational Technical School District Board has decided to transition the campus to natural gas, aiming to reduce reliance on fuel oil and propane while enhancing campus performance and reliability, ensuring better support for students and educators.
- Project Scale: The new Sussex Technical High School campus in Delaware represents the largest school construction initiative in state history, with an estimated cost of approximately $249 million and over 400,000 square feet of space, aimed at increasing student capacity from 1,375 to 1,800 while allowing for future expansion.
- Energy Service Support: Chesapeake Utilities is providing natural gas service to the new campus by constructing a nearly four-mile natural gas main extension, which will supply energy for key building systems, ensuring long-term reliability and modernization of the facility.
- Investment in Education and Community: The Sussex County Vocational Technical School District Board's decision to transition to natural gas reflects a commitment to performance, modernization, and reliability, aiming to reduce reliance on fuel oil and propane while supporting long-term educational and community growth.
- Vision for the Future: Chesapeake Utilities and Sussex Technical High School view this project as an investment in the region's future, promoting sustainable growth through modern infrastructure and dependable energy solutions that support education and community development.
- Market Bearish Performance: In 2026, Chesapeake Utilities (CPK) leads with 253 days of bearish rating and a Quant Rating of 2.13, indicating its unpopularity among risk-averse investors, which may impact its future financing capabilities.
- Diverse Industry Representation: The list includes various sectors such as Gas Utilities, Insurance Brokers, and Construction, highlighting the vulnerability of mid-cap stocks amid economic uncertainty, potentially prompting investors to reassess their portfolios.
- Rating System Insights: Seeking Alpha's Quant Ratings system evaluates stocks on a scale of 1 to 5, with ratings below 2.5 indicating bearish characteristics, reflecting a lack of market confidence in these mid-cap stocks and potentially increasing liquidity risks.
- Low-Rated Stocks: Lucid Group (LCID) appears with the lowest Quant Rating of 1.05, suggesting insufficient competitiveness in the electric vehicle market, which may affect its future market share and investment appeal.
- Project Approval: Chesapeake Utilities Corporation has been awarded the natural gas expansion bid by the Accomack County Board of Supervisors, indicating the company's plan to construct a new natural gas system that will significantly enhance energy reliability on Virginia's Eastern Shore.
- Funding Support: Accomack County will contribute $6.5 million through a state grant to initiate the pipeline infrastructure project extending from outside Princess Anne, Maryland, to Temperanceville, Virginia, which is expected to provide lower-cost energy options for local residents and major employers.
- Economic Growth Catalyst: The project aims to serve major employers, including the NASA Wallops Flight Facility, with natural gas services, and Chesapeake Utilities' CEO emphasized that access to natural gas is a key driver for economic growth, intending to attract new industries and lower energy costs for the community.
- Commitment to Sustainability: A 2022 state-commissioned study identified natural gas access as a crucial factor for future economic development in the region, and this project will ensure the long-term availability of reliable and sustainable natural gas services, supporting economic development and expanding access to affordable energy.
- Customer Satisfaction Recognition: Chesapeake Utilities' subsidiaries, Florida City Gas and Florida Public Utilities, have been named 2025 Utility Customer Champions, showcasing their exceptional performance in customer satisfaction and reflecting the commitment of their teams to deliver reliable service.
- Industry Distinction: These two utilities stand out among just 36 nationwide honorees, underscoring their strong customer experience and enhancing the company's reputation within the energy and utility sector.
- Trust Building: Both Florida City Gas and Florida Public Utilities scored 769 on Escalent's Engaged Customer Relationship Index, placing them in the top decile, which highlights their success in building customer trust and providing customer-centric support.
- Historical Achievements: This marks the fourth recognition for Florida City Gas and the first for Florida Public Utilities, demonstrating the company's ongoing efforts and accomplishments in the customer service domain.
- Customer Satisfaction Recognition: Chesapeake Utilities' subsidiaries, Florida City Gas and Florida Public Utilities, have been named 2025 Utility Customer Champions, reflecting their exceptional service with a score of 769, placing them in the top decile of the industry.
- Commitment to Customers: Executives emphasize that this honor showcases the strength of their teams and their commitment to delivering safe, reliable, customer-focused service, aiming to build long-term trust with the communities they serve.
- Historic Achievement: This marks the first time Florida Public Utilities has received the Customer Champion designation, while Florida City Gas has been recognized for the fourth time, previously earning accolades such as the 2024 Customer Champion and 2023 Easiest to Do Business With Brand.
- Diverse Business Operations: Chesapeake Utilities Corporation offers sustainable energy solutions across natural gas transmission and distribution, electricity generation, and propane distribution, serving over 275,500 customers across multiple Florida counties, highlighting its diversified presence in the energy sector.









