Utility Regulation
/ˈjuːtɪlɪti ˌrɛɡjʊˈleɪʃən/
Definitions
- (n.) The body of laws, rules, and administrative practices governing the provision, pricing, and operation of public utilities such as electricity, water, and telecommunications.
Utility regulation ensures that electricity providers do not charge excessive rates to consumers.
- (n.) A legal framework aimed at balancing public interest with the financial viability of utility companies through oversight by regulatory commissions or agencies.
The state’s utility regulation requires regular audits of water companies to protect consumer rights.
Forms
- utility regulations
Related terms
See also
Commentary
Utility regulation typically involves specialized agencies and requires careful drafting to balance consumer protection with infrastructure investment incentives.
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.