The utility industry refers to the sector that provides essential services such as electricity, water, and natural gas to homes and businesses. These services are crucial for daily living and economic activities. Utility companies are responsible for generating, transmitting, and distributing these resources to consumers. Utilities are often regulated by government agencies to ensure fair pricing and reliable service. This regulation helps maintain safety standards and promotes environmental sustainability. The industry is also evolving with advancements in renewable energy sources, such as solar and wind power, which aim to reduce reliance on fossil fuels and lower carbon emissions.