Utility Company Definition

Subject to government regulation. Public utility public-service corporation utility Types.

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Information and translations of commercial utility company in the most comprehensive dictionary definitions resource on.

Utility company definition. Utility Companies means Arizona Public Service TDS Telcom Starlight Water Company or any other company providing utilities to the area and their respective successors or. 1 n a company that performs a public service. A private business organization subject to governmental regulation that provides an essential commodity or service such as water electricity.

Utility in economics refers to the usefulness or enjoyment a consumer can get from a service or good. Subject to government regulation Synonyms. The term was introduced initially as a measure of pleasure or happiness within the theory of utilitarianism by moral philosophers such as Jeremy Bentham and John Stuart Mill.

Public utilities include electric gas telephone water and television cable systems as well as streetcar and bus. A company that provides electricity water or gas to customers. Phone company phone service telco telephone company telephone service - a public utility that.

Meaning of commercial utility company. Utility company definition. Economic utility can decline as the supply of a service or good increases.

The term has been adapted and reapplied within neoclassical economics which dominates modern economic theory as a utility. A Utility Company is the owners operators and maintainers of the power lines and meters. These companies are subject to a number of regulations at the local and national levels.

Utilities water electricity and gas are essential services that play a vital role in economic and social development. Each region has its own privately owned and operated Utility Companies. They borrow more than most other companies.

A public utility company usually just utility is an organization that maintains the infrastructure for a public service often also providing a service using that infrastructure. Quality utilities are a prerequisite for effective poverty eradication. Dictionary Thesaurus Financial Encyclopedia.

Public utilities are subject to forms of public control and regulation ranging from local community-based groups to statewide government monopolies. A company that supplies something such as electricity gas or water to the public. Utility company definition.

Redirected from Utility companies Also found in. Another term for this company is TDSP which stands for Transmission and Distribution Service Provider. Any organization which provides services to the general public although it may be privately owned.

Its usage has evolved significantly over time. Utility companies are unique in that they are for-profit service organizations that have a great deal of responsibility to the government and constituents of the areas that they serve. Proper usage and audio pronunciation plus IPA phonetic transcription of the word public utility company.

Diverse leadership in the utilities industry. Utility Company means a privately cooperatively or publicly owned utility including a utility owned by a political subdivision that provides service using a utility facility. Utilities water gas electricity sector.

Utility company synonyms Utility company pronunciation Utility company translation English dictionary definition of Utility company. What does public utility company mean. A company which supplies utilities such as gas electricity phones etc Meaning pronunciation translations and examples.

Thus a decline in utility stocks is often seen as an indicator of a coming rise in interest rates. Meaning of public utility company. Utilities companies are private for-profit entities but since they provide a public service they are subject to substantial government oversight and regulation.

Sample 1 Sample 2. This entity is not to be confused with a Retail Electric Provider or REP. Service - a company or agency that performs a public service.

A company that supplies something such as electricity gas or water to the public. Governments are ultimately responsible for ensuring reliable universal access of service under accountable. Public utility company - a company that performs a public service.

What does commercial utility company mean. Within economics the concept of utility is used to model worth or value. Public utility public-service corporation utility.

Public utilities include electric gas telephone water and television cable systems as well as streetcar and bus lines. Subject to government regulation. Phone company phone service telco telephone company telephone service a public utility that provides telephone service electric.

Any organization which provides services to the general public although it may be privately owned.

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