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Utility Company
(redirected from Utility companies)

   Also found in: Dictionary/thesaurus, Legal, Encyclopedia, Wikipedia 0.01 sec.
Utility Company
A company that provides electricity, water or gas to customers. These companies are subject to a number of regulations at the local and national levels. They borrow more than most other companies; thus, a decline in utility stocks is often seen as an indicator of a coming rise in interest rates. See also: Dow Jones Utility Average.


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BOSTON - Utility companies will face stiffer requirements to have emergency response plans under legislation approved by the Senate and House on Tuesday.
The rural electric cooperatives and municipal-operated utility companies are exempted from this legislation.
Utility companies believe the responsibility lies with the sewer operators — essentially local governments.
 
 
 
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