public utility

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public utility

n. any organization which provides services to the general public, although it may be privately owned. Public utilities include electric, gas, telephone, water, and television cable systems, as well as streetcar and bus lines. They are allowed certain monopoly rights due to the practical need to service entire geographic areas with one system, but they are regulated by state, county and/or city public utility commissions under state laws. (See: monopoly)

References in periodicals archive ?
Minnesota Energy Resources Corporation, a natural gas utility serving approximately 210,000 customers throughout Minnesota.
its Pennsylvania natural gas and electric utility, has acquired the natural gas utility assets of PG Energy from Southern Union Company (NYSE:SUG), for approximately $580 million.
Cascade has been the only natural gas utility in the state to have shared earnings with its customers under the mechanism.
Virginia Natural Gas, a subsidiary of AGL Resources (NYSE: ATG), today launches the first ever performance based rate plan for a Virginia natural gas utility by filing a notice of acceptance of the modifications to its proposed plan as approved by the Virginia State Corporation Commission.
The combined company's regulated operations will comprise four natural gas utilities, one electric utility, and one integrated electric and natural gas utility in Wisconsin, Illinois, Michigan, and Minnesota
Cascade's customer base in Washington and Oregon will approximately double the number of MDU Resources' natural gas utility customers.
Its wholly owned regulated subsidiaries include Wisconsin Public Service Corporation, an electric and natural gas utility; Upper Peninsula Power Company, an electric utility; and Michigan Gas Utilities Corporation, a natural gas utility.

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