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 ?
The technology group Wrtsil will supply two power plants having a total gross capacity of 188 MW to an Investor Owned Utility in the USA.
The new business awards include USD1m of new data centre awards, including an award from a new data centre customer won by the company's recently acquired mission critical team, USD1m of new turnkey DG projects for hospital, industrial, military and utility customers, USD8 million of new solar projects, USD10m for a grid hardening project for a major investor owned utility and USD5m of new transmission projects for existing utility customers.

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