What is a utility company?

A utility company is an organization that provides essential services such as electricity, water, natural gas, and sewage treatment to homes and businesses. These companies are often regulated by government agencies to ensure fair pricing and reliable service. To understand what a utility company is, one must consider the various services they offer, including electricity, water, natural gas, and sewage treatment. These companies play a crucial role in delivering essential services to both residential and commercial properties. Typically, utility companies are subject to government regulation to maintain fair pricing and ensure consistent, reliable service.