Who owns public power companies?

Public power companies are owned by the communities they serve. Unlike investor-owned utilities, public power companies are typically owned by local government entities or cooperatives. These entities are governed by democratically elected boards or utility commissions, ensuring that decisions are made in the best interest of the community. Public power provides several advantages, including local control, the ability to reinvest revenue back into the community, and a focus on providing reliable and affordable electricity. With a bottom-line commitment to the public good, public power companies prioritize customer satisfaction, environmental sustainability, and community development. The ownership structure of public power companies ensures that decisions are made transparently, with residents and businesses having a say in determining the future of their energy supply.