public power organizations

Public power organizations are government-owned or nonprofit entities that generate, transmit, and distribute electricity to local communities. They prioritize reliable service, affordability, and sustainability over profit, often reinvesting in infrastructure and renewable energy projects. These organizations are accountable to the public and typically operate without shareholders, ensuring that benefits like lower rates and improved service focus on community needs rather than shareholder profit. Examples include municipal electric utilities and cooperative utilities. They play a crucial role in providing residents with essential energy services while supporting local economic development and environmental goals.