183:. With a market cap of 686.51M, it provides electric services to about 102,400 customers and natural gas to over 75,900 customers. The service territory of Unitil includes business districts and recreational centers as well as commercial and industrial business, such as electronic component manufacturers and education institutes. The company has an enterprise value of $ 766.54 million. The non-utility business is operated through the company's subsidiary, U-source, which is a national energy brokering and consulting company.
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The company generates revenue mainly distributing utility to customers through operating the underground transmission pipeline and providing energy consulting services and real estate services. In 2013, the revenue of the gas operation is $ 170.4 million, accounting for 46% of the total operation
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The company has four segments, three wholly owned distribution utilities and five subsidiaries, providing utilities and relevant advice and management service to customers. The three distribution utilities are Unitil Energy
Systems, Inc., Fitchburg Gas and Electric Light Company and Northern
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Unitil
Corporation is incorporated as a public utility holding company, with utility operating subsidiaries Concord Electric Company and Exeter & Hampton Electric Company. Unitil Service Corp. is founded to provide joint administrative services for Unitil's subsidiary companies.
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The cold weather made more and more people switch to the service of Unitil, which resulted in a gas sale increase, so the company has planned to invest $ 570 million to expand its distribution infrastructure to serve a larger number of customers.
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Unitil founds Unitil
Resources, Inc. as a non-utility subsidiary. Its affiliate, Usource LLC., provides energy brokerage services to large energy users throughout the northeast seeking competitive electricity or natural gas supply.
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because of the high demand and harsh weather. The Maine Public
Utilities Commission (PUC) approved its price increase but cut its request by one-third.
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Concord
Electric Company and Exeter & Hampton Electric Company merge, and Unitil Energy Systems is the new name of the combined companies.
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Unitil merges with
Fitchburg Gas and Electric Light Company, and Fitchburg remains as one of Unitil's operating utility companies.
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Fitchburg Gas and
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329:"Unitil Corp. Annual report Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405]"
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revenue, and the electricity operation revenue, $ 190.7 million, represents 52% of the total revenue.
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Northern
Utilities is incorporated. Its predecessor companies include Portland Gas Light Company.
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In winter 2014, the company has asked for a price increase to part of its customers in
Greater
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Tom
Meissner was named Unitil's Chairman of the Board, Chief Executive Officer, and President.
431:"Unitil results: cooking with gas Growth in natural gas sales fuels 3.5% increase in earnings"
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is an interstate electricity and natural gas utility company that provides services for
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Northern Utilities and Granite State Gas Transmission are acquired by Unitil.
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305:"UTL Key Statistics | Unitil Corporation Stock - Yahoo! Finance"
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American interstate electricity and natural gas utility company
390:"UTL Profile | Unitil Corporation Stock - Yahoo! Finance"
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452:"Unitil Natural Gas Customer Get a Price Hike"
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199:Portland Gas Light Company founded in Maine.
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454:. Portland Press Herald. 2014-02-05
355:"Unitil Corp (UTL) Company Profile"
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142:$ 366.9 Million (As of 2013)
376:"Our Company | Unitil"
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331:. SEC.gov. 2013-01-29
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458:2014-02-18
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