A utility whose stock is usually publicly trade and whcih is organized as tax-paying business and financed by the sale of ecurities in the capital market. It is reulated and achieves anllowed rate of return.
An IOU is a form of electric utility owned by a group of investors. Shares of IOUs are traded on public stock markets.
Also known as private utilities, these for-profit corporations currently provide retail service to about 75% of the American population. The majority of private utilities are vertically integrated (participating in the power generation, transmission and distribution markets). Retail service is regulated by state public utility commissions.
(IOU) A private power company owned by and responsible to its shareholders and regulated by a public service commission.
A stockholder-owned electric utility company that may generate, transmit or distribute electric energy for profit.
Profit oriented business usually financed by the sales of securities. Shareholders who may or may not be customers benefit from the profits of IOU.
Utilities that generate and distribute electrical energy for a profit. The IOUs are owned by stockholders who are not necessarily the users of the electric power they produce.
A utility organized under state law as a publicly traded corporation for the purpose of providing electric power service and earning a profit for its stockholders.
An electric utility that is owned by stockholders. ( Back)
A utility with stock-based ownership.
A stockholder-owned utility company that provides public utility services to retail customers for a profit.
A class of utility whose stock is publicly traded and which is organized as a tax-paying business, usually financed by the sale of securities in the capital market. It is regulated and authorized to achieve an allowed rate of return. Return to Top of Glossary
A publicly held utility that typically serves multiple towns or regions and often combines transmission and distribution services. Standards, rates, and other aspects of investor-owned utilities are regulated by the Massachusetts DTE. These utilities are also required under the Massachusetts Electric Restructuring Act of 1997 to collect energy efficiency and renewable energy funding for use in public funds.
A for-profit private company that is owned by stockholders and provides a utility, such as water, natural gas, or electricity, to a specific service area.
an electricity utility owned by a group of investors, the shares of which are traded on public stock markets.
A utility company owned and operated by private investors (i.e. stockholders).
A utility organized as a publicly traded corporation for the purpose of providing electric power service and earning a profit for its shareholders. A local example of an IOU is PG&E.
A utility that is owned by shareholders who receive a dividend based on profits from electric sales.
A privately-owned electric utility whose stock is publicly traded. It is rate regulated and authorized to achieve an allowed rate of return.