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 ?
While it may be argued that the 1987 Constitution did not explicitly define, or enumerate, a list of public utilities, Deputy Speaker Ferdinand Hernandez said the lower chamber must not turn a blind eye to its possible dangerous and far-reaching repercussions.
Under Article 12, Section 11 of the 1987 Constitution, public utilities must be solely operated by firms that are 60-percent owned by Filipinos.
Generally, public utilities are different from ordinary enterprise, and they're mainly manifested in the following aspects: firstly, public utilities mainly provide labor services and it has few or no production of tangible products; secondly, the public utilities have a wide range of service, nearly providing service to all residents and organizations in the whole city, including free services; finally, it will bring economic benefits, social benefits, and environmental benefits to the whole city.
Poe said without a clear definition of public utilities, full realization of economic growth is crippled.
"This will allow attracting investments in the amount of 2.2 trillion tenge in the sphere of natural monopolies until 2021, including about 1.3 trillion tenge in the housing and public utilities sector," he said.
In May, the California Public Utilities Commission directed Southern California electric utilities to fast-track additional energy storage options to improve regional energy reliability.
M2 EQUITYBITES-December 4, 2015-Frontier receives final regulatory approval from California Public Utilities Commission for acquisition of Verizon's California operations
Positive Rights to Public Utilities and Sustainability
Bishkek residents do not have a sustainable access to modern and quality public utilities, according to the Bishkek city draft strategy for 2014-2018.
SATISFACTION with party involvement in public utilities was expressed yesterday by EPOPAI, the biggest trade union of the Electricity Authority of Cyprus (EAC) in a letter to the heads of parliamentary parties.
The Hartford Courant reported that, after two severe storms knocked out power for up to 11 days in 2011, the Connecticut Public Utilities Regulatory Authority will review the proposed merger, after first deciding not to review the merger, about one year ago.

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