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Revenue Recognition (Tables)
 6 Months Ended
Jun. 30, 2025
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue [Table Text Block] The following tables display our revenue by major source based on product and service type for the three and six months ended June 30, 2025 and 2024:
Three Months Ended June 30, 2025Three Months Ended June 30, 2024
(in millions)Regulated EnergyUnregulated EnergyOther Businesses and EliminationsTotalRegulated EnergyUnregulated EnergyOther Businesses and EliminationsTotal
Energy distribution
Delaware natural gas division$15.5 $— $— $15.5 $13.4 $— $— $13.4 
Florida natural gas distribution
46.6 — — 46.6 40.0 — — 40.0 
Florida City Gas39.5 — — 39.5 32.5 — — 32.5 
FPU electric distribution26.2 — — 26.2 22.5 — — 22.5 
Maryland natural gas division (1)
10.7 — — 10.7 9.9 — — 9.9 
Total energy distribution138.5 — — 138.5 118.3 — — 118.3 
Energy transmission
Aspire Energy— 8.4 — 8.4 — 5.3 — 5.3 
Aspire Energy Express0.3 — — 0.3 0.3 — — 0.3 
Eastern Shore21.2 — — 21.2 19.9 — — 19.9 
Peninsula Pipeline11.8 — — 11.8 8.1 — — 8.1 
Total energy transmission33.3 8.4 — 41.7 28.3 5.3 — 33.6 
Energy generation
Eight Flags— 4.6 — 4.6 — 4.4 — 4.4 
Propane operations
Propane delivery operations— 26.5 — 26.5 — 28.0 — 28.0 
CNG / RNG Services
Marlin Gas Services— 7.3 — 7.3 — 3.7 — 3.7 
Other RNG— 1.1 — 1.1 — — — — 
Total CNG / RNG Services— 8.4 — 8.4 — 3.7 — 3.7 
Other Businesses and Eliminations
Eliminations(20.0)— (6.9)(26.9)(15.9)— (5.8)(21.7)
Total operating revenues (2)
$151.8 $47.9 $(6.9)$192.8 $130.7 $41.4 $(5.8)$166.3 
(1) In accordance with the Maryland PSC approval of our natural gas base rate proceeding, effective April 2025, our natural gas distribution businesses in Maryland (Maryland natural gas division, Sandpiper Energy and Elkton Gas) are now consolidated for rate-making and other purposes and are reflected on a consolidated basis for all periods presented consistent with the final rate order.
(2) Total operating revenues for the three months ended June 30, 2025 include other revenue (revenues from sources other than contracts with customers) of $1.0 million and $0.1 million for our Regulated Energy and Unregulated Energy segments, respectively, and $0.1 million for both our Regulated Energy and Unregulated Energy segments for the three months ended June 30, 2024. The sources of other revenues include revenue from alternative revenue programs related to revenue normalization for the Maryland division and Sandpiper Energy and late fees.
Six Months Ended June 30, 2025Six Months Ended June 30, 2024
(in millions)Regulated EnergyUnregulated EnergyOther Businesses and EliminationsTotalRegulated EnergyUnregulated EnergyOther Businesses and EliminationsTotal
Energy distribution
Delaware natural gas division$57.8 $— $— $57.8 $45.3 $— $— $45.3 
Florida natural gas distribution
97.9 — — 97.9 87.9 — — 87.9 
Florida City Gas83.1 — — 83.1 68.4 — — 68.4 
FPU electric distribution49.4 — — 49.4 42.5 — — 42.5 
Maryland natural gas division (1)
36.0 — — 36.0 29.7 — — 29.7 
Total energy distribution324.2 — — 324.2 273.8 — — 273.8 
Energy transmission
Aspire Energy— 27.6 — 27.6 — 18.9 — 18.9 
Aspire Energy Express0.7 — — 0.7 0.7 — — 0.7 
Eastern Shore43.9 — — 43.9 41.1 — — 41.1 
Peninsula Pipeline21.8 — — 21.8 16.1 — — 16.1 
Total energy transmission66.4 27.6 — 94.0 57.9 18.9 — 76.8 
Energy generation
Eight Flags— 9.3 — 9.3 — 9.0 — 9.0 
Propane operations
Propane delivery operations— 101.2 — 101.2 — 89.6 — 89.6 
CNG / RNG Services
Marlin Gas Services— 14.5 — 14.5 — 7.1 — 7.1 
Other RNG— 2.1 — 2.1 — — — — 
Total CNG / RNG Services— 16.6 — 16.6 — 7.1 — 7.1 
Other Businesses and Eliminations
Eliminations(39.2)(0.1)(14.5)(53.8)(32.6)(0.1)(11.6)(44.3)
Total operating revenues (2)
$351.4 $154.6 $(14.5)$491.5 $299.1 $124.5 $(11.6)$412.0 
(1) In accordance with the Maryland PSC approval of our natural gas base rate proceeding, effective April 2025, our natural gas distribution businesses in Maryland (Maryland natural gas division, Sandpiper Energy and Elkton Gas) are now consolidated for rate-making and other purposes and are reflected on a consolidated basis for all periods presented consistent with the final rate order.
(2) Total operating revenues for the six months ended June 30, 2025 include other revenue (revenues from sources other than contracts with customers) of $0.5 million and $0.2 million for our Regulated Energy and Unregulated Energy segments, respectively, and $0.7 million and $0.2 million for our Regulated Energy and Unregulated Energy segments, respectively, for the six months ended June 30, 2024. The sources of other revenues include revenue from alternative revenue programs related to revenue normalization for the Maryland division and Sandpiper Energy and late fees.
Contract with Customer, Asset and Liability [Table Text Block] The balances of our trade receivables, contract assets, and contract liabilities as of December 31, 2024 and June 30, 2025 were as follows:
Trade ReceivablesContract Assets (Current)Contract Assets (Non-current)Contract Liabilities (Current)
(in millions)
Balance at 12/31/2024$66.2 $— $3.0 $1.2 
Balance at 6/30/2025
75.7 — 2.9 0.7 
Increase (Decrease)$9.5 $— $(0.1)$(0.5)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Table Text Block] Revenue for these businesses for the remaining performance obligations, at June 30, 2025, are expected to be recognized as follows:
(in millions)2025202620272028202920302031 and thereafter
Eastern Shore and Peninsula Pipeline$18.9 $36.7 $33.0 $30.8 $28.5 $22.8 $109.6 
Natural gas distribution operations6.1 11.7 9.4 10.2 10.2 10.1 29.1 
FPU electric distribution0.5 1.0 0.6 0.6 0.6 — — 
Total revenue contracts with remaining performance obligations$25.5 $49.4 $43.0 $41.6 $39.3 $32.9 $138.7