Chesapeake Utilities Corporation (NYSE:CPK) Q3 2023 Earnings Call Transcript

And so that would start them down a $200 million investment path over the next 10 years, $20 million a year in pipeline replacement. We have a similar program that’s already up and running at Florida Public Utilities at about the bipartisan investment levels about $20 million a year for the next 10 years. So, significant pipeline replacement opportunities in Florida consolidated about $40 million a year going forward. And so, we see those kinds of investment opportunities is obviously a driving force and why we’re interested in City Gas in the first place.

Operator: Thank you. And at this time, there are no further questions. So, I’d like to turn the floor back over to Jeff Householder for any additional or closing remarks.

Jeff Householder: Well, thank you. And I want to thank everyone for joining us this morning. We appreciate your time and your continued interest in the Company. We look forward to speaking with you on our next earnings call in February. And while it’s just a few weeks early, wish everyone Happy Thanksgiving. Goodbye.

Operator: Thank you. This concludes today’s Chesapeake Utilities third quarter 2023 earnings conference call. Please disconnect your line at this time and have a wonderful day.