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Utilities in the US are private entities with special regulations around them.
by Workaccount2 3y ago
Utilities in the US are private entities with special regulations around them.
- VancouverMan 3y agoAren't there some pretty significant electric utilities in the US that are municipally or state owned? The ones that come to my mind are in LA, Seattle, and Nebraska, if I'm not mistaken. At least in Canada, even when a "private" company is involved, there can be significant government ownership. Hydro One in Ontario is publicly-traded, yet the Ontario Government holds nearly a majority of the shares, for example.
- matthewmcg 3y agoThat's right--in the U.S., some utilities are "investor-owned." Others are cooperatives (owned by customers) and still others are owned by various local governments.