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public utility
(redirected from Utility companies)

   Also found in: Dictionary/thesaurus, Financial, Encyclopedia, Wikipedia 0.02 sec.

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)



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BOSTON - Utility companies will face stiffer requirements to have emergency response plans under legislation approved by the Senate and House on Tuesday.
The rural electric cooperatives and municipal-operated utility companies are exempted from this legislation.
Utility companies believe the responsibility lies with the sewer operators — essentially local governments.
 
 
 
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