Public Utilities

Public utilities are organizations or companies that provide essential services to the public, typically under government regulation. These services typically include electricity, natural gas, water, sewage treatment, and telecommunications. Public utilities are crucial for ensuring the basic needs of communities are met, enabling daily activities and contributing to overall public health and safety. The provision of these services often requires significant infrastructure and investment, and due to their importance, public utilities are usually regulated by government entities to ensure fair pricing, reliability, and accessibility for all residents. In many cases, public utilities operate as monopolies within their service areas, meaning that they are the sole providers of specific essential services.