public utility

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Related to Investor owned utility: public utility

public utility

n.
A private business organization, subject to governmental regulation, that provides an essential commodity or service, such as water, electricity, transportation, or communication, to the public.

public utility

n
(Commerce) an enterprise concerned with the provision to the public of essentials, such as electricity or water. Also called (US): public-service corporation

pub′lic util′ity


n.
a business enterprise, as a gas company, performing an essential public service and regulated by the federal, state, or local government.
[1900–05]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.public utility - a company that performs a public service; subject to government regulation
service - a company or agency that performs a public service; subject to government regulation
phone company, phone service, telco, telephone company, telephone service - a public utility that provides telephone service
electric company, light company, power company, power service - a public utility that provides electricity
water company, waterworks - a public utility that provides water
gas company, gas service - a public utility that provides gas
bus company, bus service - a public utility providing local transportation
Translations

public utility

nservizio pubblico
References in periodicals archive ?
She succeeds Jim Rogers of Duke Energy, an investor owned utility headquartered in North Carolina.
an Investor Owned Utility (IOU), is planning a major boiler upgrade at their C D McIntosh generation station.
It is the first of the cooperatively owned electric utility distribution companies to convert to an investor owned utility structure (IOU), and has a strategic plan to become a national electric utility distribution company with community-focused local operating divisions or profit centers both in Texas and around the country.

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