- Source: Public Service Company
- Source: Public service company
Public Service Company (capitalized) may refer one of the below listed American companies.
When not capitalized, public service company often refers to the concept of companies that offer public services.
Central West Public Service Company, in Missouri and surrounding areas
Eastern Shore Public Service Company, in Delaware and Maryland
Interstate Public Service Company, in Indiana
Kansas City Public Service Company, in Missouri
Northern Indiana Public Service Company
Public Service Company of Colorado
Public Service Company of Indiana
Public Service Company of New Hampshire
Public Service Company of New Mexico
Public Service Company of Oklahoma
St. Louis Public Service Company, in Missouri
See also
All pages with titles containing Public Service Company
Public service (disambiguation)
Public Service Corporation (disambiguation)
A public service company (or public utility company) is a corporation or other non-governmental business entity (i.e. limited partnership) that delivers public services—certain services considered essential to the public interest. The ranks of such companies include public utility companies like natural gas, pipeline, electricity, and water supply companies, sewer companies, telephone companies and telegraph companies. They also include public services such as transportation of passengers or property as a common carrier, such as airlines, railroads, trucking, bus, and taxicab companies.
Public service (or utility) companies may operate under certificates of public convenience and necessity which may limit competition. Their services may be subject to rate control and other regulations which are not common to general businesses.
The concept of public service companies was that, in order to attract sufficient private investment capital and guarantee sufficient revenues to ensure appropriate operations and services, protection from ruinous competition and additional governmental oversight of rates and services were required to balance the needs of the owners of the business with those of the general public.
Under concepts of deregulation, many principles under which public service companies have long operated are negated and replaced by those of a competitive market.
In the United States, at an interstate level, most airlines, railroad, and trucking and bus transportation services were deregulated in the last quarter of the 20th century. Many of the changes in the laws at the federal level had the effect of deregulation or substantially weakened similar state and local laws regarding the same services.
See also
Airline Deregulation Act (1977)
Natural Gas Policy Act of 1978
Staggers Rail Act (1980)
Motor Carrier Act of 1980
Bus Regulatory Reform Act (1982)
Natural Gas Wellhead Decontrol Act of 1989
Energy Policy Act of 1992
Telecommunications Act of 1996
References
Code of Virginia, Title 56.1 Public Service Companies
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