public utility

(redirected from Publicly-owned utility)
Also found in: Dictionary, Thesaurus, Financial, Encyclopedia.

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 ?
A pounds 200,000 handout is to be shared between seven top execs at the publicly-owned utility, despite a year of job losses and health scares.
The mission of TANC is to assist its publicly-owned utility Members in providing cost-effective energy supplies to their customers, through long term ownership of essential high-voltage transmission lines within California and the western United States.
MDSI" or the "Company") (Nasdaq: MDSI; TSE, ME: MMD) announced today that it has signed an agreement with Memphis Light, Gas and Water ("MLGW") of Memphis, Tennessee, the largest three-service, publicly-owned utility in the U.