Public Utility Property Tax

Public Utility Property Tax refers to taxes levied on properties owned by public utility companies, such as those providing electricity, gas, or water services. These properties include infrastructure like power lines, pipelines, and facilities. Unlike typical residential or commercial properties, these utilities are assessed differently due to their essential role in public services. The tax revenue collected is often used to support local government services and infrastructure. Assessments consider the value of the utility's property, ensuring that these companies contribute fairly to the community they serve.