It's a natural monopoly - literally no competition is possible because no other player could overbuild another electricity grid in their service area. Society

It's a natural monopoly - literally no competition is possible because no other player could overbuild another electricity grid in their service area. Society should not allow a for-profit entity to operate as a monopoly (because all monopolies want to reduce service and maintenance, and raise prices as much as possible), so such a utility should be required to operate on a non-profit basis.