Investor Owned Utility

Investor Owned Utility
(IOU)
  A utility owned by stockholders or other investors; sometimes referred to as a private utility, in contrast to a public utility that is owned by a government agency or cooperative.

Energy terms . 2014.

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  • Investor-owned utility — An investor owned utility or IOU is a business organization, providing a product or service regarded as a utility (often termed a public utility regardless of ownership), and managed as private enterprise rather than a function of government or a …   Wikipedia

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