What is public power?
Public power refers to the practice of providing electricity to consumers through municipally or publicly owned utilities. Unlike investor-owned utilities, public power systems are not profit-driven and are accountable to the communities they serve. Public power utilities are governed by local elected or appointed officials, who make decisions based on the best interests of the community. By eliminating the need for shareholders, public power can prioritize reliability, affordability, and environmental sustainability. These utilities are known for their strong customer service, community involvement, and commitment to local economic development. Public power ensures that electricity remains a public service, empowering communities to make decisions about their energy needs and promoting a reliable and affordable energy solution for residents and businesses.
Answered Nov 2, 2023
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