public utility

(redirected from Investor-owned utility)
Also found in: Dictionary, Thesaurus, Legal, Encyclopedia.

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 ?
Mississippi Power Co., another investor-owned utility, serves about 187,000 customers, primarily in southeast Mississippi, likewise would endorse compensation at the utility's avoided cost.
Investor-Owned Utility: A utility company owned and operated by private investors.
In a more light-hearted response, I would just quote Mark Twain who said, "There is nothing so irritating as a good example." If there is tension between the investor-owned utility community and public power, it's because public power and cooperatives have been such a shining example of service, fair prices, community, outreach and fair dealing.
It has very little flexibility, unlike an investor-owned utility. Before I became Governor John Kitzhaber's salmon policy advisor, I consulted periodically for both Portland General Electric and PacifiCorp and watched them go through restructurings in which they were able to lay off employees based upon their needs.
Trees and electrical power are coming together with a unique partnership between AFA and the Edison Electric Institute (EEl), an association of 200 investor-owned utility companies.
According to the terms of the contract, Cleco Cajun LLC acquired eight generating assets totalling 3,555 MW, transmission operations and contracts to offer wholesale power to nine Louisiana cooperatives, five municipalities across Arkansas, Louisiana and Texas, and one investor-owned utility. Seven of the generation assets are managed by Cleco while the Cottonwood plant in Texas is temporarily leased back to NRG for operation.
Versalift is a leading manufacturer of bucket trucks, digger derricks, aerial lifts and other speciality equipment for power generation, transmission and distribution, investor-owned utility, telecommunications, bridge inspection, light and sign, and tree care industries.
Versalift is a leading manufacturer of bucket trucks, digger derricks, aerial lifts and other specialty equipment for power generation, transmission and distribution, investor-owned utility, telecommunications, light and sign, and tree care industries.
The new energy efficiency target will not only save substantial heating fuels but will set New York State on a path to achieve annual electric efficiency savings of 3 percent of investor-owned utility sales in 2025.
If they didnt seize the opportunity, there was a chance another investor-owned utility could have bought the 2,000-megawatt project from developer Invenergy.
These new clients include one investor-owned utility, one municipality and four solution providers.
The city of Mendota has been selected as the site of what will be the largest solar farm in California, providing emission-free photovoltaic (PV) solar electricity to an investor-owned utility.

Full browser ?