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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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For example, PSE&G, one of the nation's largest gas and electric companies and New Jersey's largest publicly owned utility, recently approved a new-generation bimodal PE pipe resin from Dow Chemical Co. It might also become a publicly owned utility through condemnation by the city of Portland or some other public entity. The unanimous vote came at the recommendation of the city's Energy Advisory Committee, which urged the council members to reserve the city's legal right to form a publicly owned utility separate from the state's power grid and Southern California Edison. |
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