Aspire Energy is a wholly-owned subsidiary of Chesapeake Utilities Corporation. Chesapeake Utilities Corporation traces its roots to Delaware, starting with gas lighting in 1859. Headquartered in Dover, Delaware, Chesapeake Utilities Corporation owns, operates and develops natural gas and propane infrastructure assets serving customers in Delaware, Florida, Maryland, Pennsylvania and Ohio.
Our primary businesses include natural gas midstream gathering and processing through our business, Aspire Energy of Ohio, located in Orrville, Ohio; energy marketing through Peninsula Energy Services Company (PESCO) in the Mid-Atlantic, Southeast and Midwest; and other businesses including combined heat & power (CHP), compressed natural Gas (CNG) and small scale liquefied natural gas (SSLNG). Aspire Energy also supports operation for Consumers Gas Cooperative.
The availability of abundant, low-cost natural gas has increased the demand for natural gas from multiple end-use sectors. Aspire Energy strives to deliver safe and outstanding service while identifying and pursuing innovative opportunities beyond our existing offerings and service territories to enhance our ability to grow and meet our customers’ needs.
We continue to develop growth opportunities across the energy value chain, with emphasis on midstream and downstream investments that are accretive to earnings per share and consistent with our long-term growth strategy. Our strategic planning is essential to our Company’s long-term growth. It requires that all of our business units look ahead together as one Company. As part of our strategic planning, growth opportunities are presented to our Growth Council who oversees the process of filtering our innovative ideas through a disciplined capital investment procedure and transforming these aspirations into sustainable earnings growth. Aspire Energy facilitates the development of growth opportunities for our Company which have been identified by our employees across our businesses.