public utility company

A public utility company is a business that provides essential services to the public, such as electricity, water, gas, and telecommunications. These companies are often regulated by government authorities to ensure fair pricing, reliability, and safety. Public utilities work to maintain infrastructure and supply these vital resources to households and businesses. Because they serve a critical role in daily life, their operations and rates are typically designed to meet community needs rather than to maximize profit. This ensures access to necessary services for all citizens while maintaining consistent and reliable service.