An electric utility is a company that generates, transmits, and distributes electricity to consumers. These utilities can be publicly owned, privately owned, or cooperatives, and they provide power to homes, businesses, and industries. They ensure that electricity is available and reliable, often managing the infrastructure needed for power delivery. Electric utilities are responsible for maintaining the electrical grid, which includes power plants, transmission lines, and substations. They also monitor energy demand and supply, making adjustments to ensure that electricity is delivered efficiently. Regulatory bodies often oversee these utilities to ensure fair pricing and reliable service for consumers.