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utility

   Also found in: Dictionary/thesaurus, Legal, Acronyms, Encyclopedia, Wikipedia, Hutchinson 0.06 sec.
Utility
A power company that owns or operates facilities used for the generation, transmission, or distribution of electric energy, which is regulated at state and federal levels.

utility
A business that provides an essential service, generally under government regulation. Electric companies, gas transmission firms, and local telephone companies are utilities.


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