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public utility
(redirected from Utility company)

   Also found in: Dictionary/thesaurus, Financial, Encyclopedia, Wikipedia 0.01 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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It gives authority for the attorney general to petition the courts to place a small utility company (under 100,000 customers) into receivership for an appointed amount of time.
Investor-Owned Utility: A utility company owned and operated by private investors.
Utility company contractors tore up a street, dug a long trench and laid down the lines.
 
 
 
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