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 ?
2008, said Andrew Gitters, managing director of the privately owned utility.
He said Congress could help by enacting the Privately Owned Utility System Restoration Act of 2005, which would provide financial compensation to electric and gas utilities to recover the direct costs resulting from hurricanes Katrina and Rita for plant, equipment and restoration costs.
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.