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 ?
Sharyland is a Texas-based public electric utility that is fully regulated by the Public Utility Commission of Texas.
Later, as many others began to invest in telecom companies, we began to focus on new areas such as utilities: We sponsored the first leveraged buyout of a public electric utility, TNP Enterprises, parent of Texas New Mexico Power Company, in l999.
Nashville Electric Service (NES) is the 12th largest public electric utility in the United States, with 1999 revenues totaling $674 million.
About Seattle City Light: Seattle City Light is the 10th largest public electric utility in the United States.
CIBER to Deliver Full Range of Outsourcing Services to 11th Largest Public Electric Utility

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