public utility

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public utility

an undertaking which provides a certain basic good or service such as gas, electricity or telecommunications. In some countries public utilities are mainly owned by the State, while in others they are privately owned but subject to regulation by the government. See RATE OF RETURN REGULATION, NATIONALIZATION VERSUS PRIVATIZATION.
References in periodicals archive ?
Socioeconomic Planning Secretary Ernesto Pernia has said that he aims to open up retail trade, professions, public utilities, and contractors for more competition.
4) Public utilities provide these kinds of essential goods and
Miami-based Lennar does not own any public utilities in the 21 states where it operates.
Most public utilities use the deferral method of accounting for ITC.
Less constructive was the Pennsylvania Public Utilities Commission's (PUC) January 2007 order in MetEd and PenElec's rate case.
Moreover, in its definition of a public utility, House Bill 5828 has deliberately deleted the concept of ownership and limited the definition to the operation, management and control of public utilities even as there can be no operation, management or control without an owner,' he said.
An independent report prepared for the consumer services branch of the California Public Utilities Commission charges that Los Angeles-based Southern California Gas Co.
About the Rhode Island Public Utilities Commission: The Public Utilities Commission serves as a quasi-judicial tribunal with jurisdiction, powers, and duties to implement and enforce the standards of conduct under u39-1 et seq.
The Constitution requires public utilities to be owned by Filipino citizens or by corporations, partnerships or associations where not less than 60 percent of the capital stock is owned by Filipino citizens.
Rather than split the San Fernando Valley into two area codes, a public utilities judge has proposed overlaying a second area code so that all Valley residents would have to dial 11 numbers, officials said Thursday.
Arthur Yap as saying the said bill would allow foreigners to own public utilities.
Last week, the California Public Utilities Commission announced that Ventura, Santa Barbara and San Luis Obispo counties will be keeping the 805 area code, while the inland valleys and Kern County will get a new area code in February 1999.

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