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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) How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Included in this group are the New York State Public Service Commission, which advocates business and economic development in areas of energy and telecommunications, two privately owned utility refund companies and The Super Agency, an employment agency for building superintendents. And then, Pfeifer predicts, there are so me privately owned utility companies that refuse to relocate without compensation--and a set of active railroad tracks running through the area that nobody has even begun to move. City Administrative Officer Keith Comrie also defended the DWP payment, saying it is similar to what it would have to pay in property taxes if it was a privately owned utility. |
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