public utility

public utility
A privately owned and operated business whose services are so essential to the general public as to justify the grant of special franchises for the use of public property or of the right of eminent domain, in consideration of which the owners must serve all persons who apply, without discrimination. It is always a virtual monopoly. A business or service which is engaged in regularly supplying the public with some commodity or service which is of public consequence and need, such as electricity, gas, water, transportation, or telephone or telegraph service. Gulf States Utilities Co. v. State, Tex.Civ.App., 46 S.W.2d 1018, 1021.
Any agency, instrumentality, business industry or service which is used or conducted in such manner as to affect the community at large, that is, which is not limited or restricted to any particular class of the community. The test for determining if a concern is a public utility is whether it has held itself out as ready, able and willing to serve the public. The term implies a public use of an article, product, or service, carrying with it the duty of the producer or manufacturer, or one attempting to furnish the service, to serve the public and treat all persons alike, without discrimination. It is synonymous with "public use," and refers to persons or corporations charged with the duty to supply the public with the use of property or facilities owned or furnished by them. Buder v. First Nat. Bank in St. Louis, C.C.A.Mo., 16 F.2d 990, 992.
To constitute a true "public utility," the devotion to public use must be of such character that the public generally, or that part of it which has been served and which has accepted the service, has the legal right to demand that that service shall be conducted, so long as it is continued, with reasonable efficiency under reasonable charges. The devotion to public use must be of such character that the product and service is available to the public generally and indiscriminately, or there must be the acceptance by the utility of public franchises or calling to its aid the police power of the state

Black's law dictionary. . 1990.

Игры ⚽ Нужна курсовая?

Look at other dictionaries:

  • public utility — n: a business organization (as an electric company) performing a public service and subject to special government regulation Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. public utility …   Law dictionary

  • public utility — public utility, adj. 1. a business enterprise, as a public service corporation, performing an essential public service and regulated by the federal, state, or local government. Cf. utility (def. 3). 2. Usually, public utilities. stocks or bonds… …   Universalium

  • public utility — ➔ utility * * * public utility UK US noun [C, usually plural] COMMERCE ► a company that supplies water, gas, or electricity to people: »Transportation, public utilities and construction accounted for another 14,000 jobs. »public utility… …   Financial and business terms

  • public utility — n. an organization supplying water, electricity, transportation, etc. to the public, operated, usually as a monopoly, by a private corporation under governmental regulation or by the government directly …   English World dictionary

  • public utility — ► NOUN ▪ an organization supplying the community with electricity, gas, water, or sewerage …   English terms dictionary

  • Public utility — Utilities redirects here. For other uses, see Utility (disambiguation). Public infrastructure Assets and facilities Airports  …   Wikipedia

  • public utility — noun a company that performs a public service; subject to government regulation (Freq. 1) • Syn: ↑utility, ↑public utility company, ↑public service corporation • Hypernyms: ↑service • Hyponyms …   Useful english dictionary

  • public utility — UK / US noun [countable] Word forms public utility : singular public utility plural public utilities a company that provides gas, electricity, or water for people to use …   English dictionary

  • Public Utility Model — ( PUM ) EMS is an ambulance system in which the community retains public control of the ambulance system s capital assets and accounts receivable through direct, accountable daily oversight. It then subcontracts the day to day operations to an… …   Wikipedia

  • public utility — public utilities N COUNT Public utilities are services provided by the government or state, such as the supply of electricity and gas, or the train network. Officials said water supplies and other public utilities in the capital were badly… …   English dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”