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Encyclopedia > Public utility

A public utility is a company that maintains the infrastructure for a public service. Public utilities often involve natural monopolies, and as a result are often government monopolies, or (if privately owned) treated as specially regulated sectors. Public services is a term usually used to mean services provided by government to its citizens, either directly (through the public sector) or by financing private provision of services. ... In economics, a natural monopoly exists when production of a particular product can be done cheapest when there is only one firm doing the producing. ...


In poorer developing countries, public utilities are often limited to wealthier parts of major cities, as used to be the case in developed countries in the nineteenth century. A developing country is a country with low average income compared to the world average. ... A developed country is a country that has achieved (currently or historically) a high degree of industrialization, and which enjoys the higher standards of living which wealth and technology make possible. ...


Examples of utilities are:

Developments in technology have eroded some of the monopoly aspects of traditional public utilities. For instance, electricity generation, electricity retailing, telecommunication and postal services have become competitive in some countries and the trend towards liberalization, deregulation and privatization of public utilities is growing. Electric power transmission is the second process in the delivery of electricity to consumers. ... Electricity distribution is the penultimate process in the delivery of electric power, the part between transmission and user purchase from an electricity retailer. ... Drinking Water is water that is intended to be drunk by humans. ... Sewage treatment is the process that removes the majority of the contaminants from waste-water or sewage and produces both a liquid effluent suitable for disposal to the natural environment and a sludge. ... Waste inside a trash can Waste is unwanted or undesired material left over after the completion of a process. ... Natural gas rig Natural gas (commonly refered to as gas in many countries) is a gaseous fossil fuel consisting primarily of methane. ... A taxi serving as a bus Public transport comprises all transport systems in which the passengers do not travel in their own vehicles. ... The Bus, established by Mayor Frank Fasi, is Honolulus only public transit system. ... In rail transport, a train consists of a single or several connected rail vehicles that are capable of being moved together along a guideway to transport freight or passengers from one place to another along a planned route. ... Cable television or Community Antenna Television (CATV) (and often shortened to cable) is a system of providing television, FM radio programming and other services to consumers via radio waves transmitted directly to people’s televisions through fixed coaxial cables as opposed to the over-the-air method used in traditional... A telephone handset A touch-tone telephone dial Telephone Complex relay used in a telephone switching system. ... Itaipu Dam is a hydroelectric generating station Electricity generation is the first process in the delivery of electricity to consumers. ... Electricity retailing is the final process in the delivery of electricity from generation to the consumer. ... Telecommunication is the extension of communication over a distance. ... A British pillar box The postal system is a system by which written documents typically enclosed in envelopes, and also small packages containing other matter, are delivered to destinations around the world. ... In general, liberalization refers to a relaxation of previous government restrictions, usually in areas of social or economic policy. ... Deregulation is the process by which governments remove selected regulations on business in order to (in theory) encourage the efficient operation of markets. ... Privatization (sometimes privatisation, denationalization, or, especially in India, disinvestment) is the process of transferring property, from public ownership to private ownership and/or transferring the management of a service or activity from the government to the private sector. ...


See also:


  Results from FactBites:
 
Public Works/Utility (125 words)
Our mission is to maintain the public infrastructure at the highest level of service for lowest cost.
Utility - Water, Sanitary Sewer, and Reclaimed Water service and maintenance.
Public Works - Roads, sidewalks, landscaping, facilities maintenance and fleet services.
Public utility - Wikipedia, the free encyclopedia (134 words)
A public utility is a company that maintains the infrastructure for a public service.
Public utilities often involve natural monopolies, and as a result are often government monopolies, or (if privately owned) treated as specially regulated sectors.
In poorer developing countries, public utilities are often limited to wealthier parts of major cities, as used to be the case in developed countries in the nineteenth century.
  More results at FactBites »

 
 

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