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 ?
Minnesota Energy Resources Corporation, a natural gas utility serving approximately 210,000 customers throughout Minnesota.
1 will provide a portion of the gas supply needs of the two municipal natural gas systems participating in this project: Omaha Metropolitan Utilities District natural gas utility (MUD) and the Municipal Gas Utility of the City of Cedar Falls, Iowa (CFU).
Wisconsin Public Service Corporation, an electric and natural gas utility serving approximately 433,000 electric customers and 314,000 natural gas customers in northeastern Wisconsin and an adjacent portion of Michigan's Upper Peninsula.
This increase reflects a projected payout of net income from our natural gas utility, Alabama Gas Corporation (Alagasco), that is in line with traditional gas utility payouts of 65%-75%," said Mike Warren, Energen's chairman and chief executive officer.
Its largest subsidiary is Wisconsin Public Service Corporation, a regulated electric and natural gas utility serving northeastern Wisconsin and a portion of Michigan's Upper Peninsula.

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