Regulated Utility
/ˈrɛɡjʊˌleɪtɪd ˈjuːtəˌlɪti/
Definitions
- (n.) An enterprise providing essential public services subject to governmental regulation to control rates, service quality, and market entry.
The state commission oversees the rates charged by the regulated utility.
Forms
- regulated utility
- regulated utilities
Related terms
See also
Commentary
Term typically applies to providers of electricity, gas, water, or telecommunications under statutory regulatory frameworks.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.