The utility market is generally a regulated monopoly. The market and govt both recognized the economies of scale with public infrastructure. As part of the trad

The utility market is generally a regulated monopoly. The market and govt both recognized the economies of scale with public infrastructure. As part of the tradeoff to be allowed to operate as a monopoly, utilities must also ensure rural or unprofitable customers still receive access. It’s all part of the deal and intrinsically tied to your point.