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Utilities Sector Definition

The utility sector is a category of company stocks that provide basic services including electricity, natural gas, and water. Utilities earn a profit but are a public service and, as a result, have substantial regulation. Typically, investors buy utilities as long-term holdings for their dividend income and stability.…

Utility company - definition of Utility company by The ...

A wayleave is a contract whereby the owner or lessee of a property grants a right to a utility company for the equipment to be installed and retained in consideration of an annual payment. In addition, the utility company avoided more than $2 million in software costs by consolidating its systems.…

What is the Difference Between a Utility and an ...

A utility is the company that maintains electrical equipment and delivers electricity or gas to your home. A provider is the company that provides you with plans, rates, bills and customer service. For decades, utilities were one-stop shops for generating electricity or gas, transmitting it to customers and processing payments.…