How do they make money?

Emera is a Canadian utility company headquartered in Halifax, Nova Scotia. The company provides electricity and natural gas to customers across North America.

Emera's revenue breakdown looks like this:

• 76% from regulated electricity

• 22% from regulated natural gas

• 2% from unregulated utilities (say, in states with deregulated energy marketplaces)

53% of the company's revenue comes from providing electricity to customers in Florida. The remaining revenue comes from providing electricity to Canadians (19% of revenue), gas utilities and infrastructure (22%), other electric (4%), and other (2%).