What is the difference between a regulated and an unregulated utility?

The difference between a regulated and an unregulated utility is defined by utility law in the state of Florida. A regulated utility is one that is required to follow certain rules and regulations enforced by the state, in order to provide their services. These rules include things such as setting prices, maintenance of equipment, customer service, and other requirements. Most utilities, such as electricity, gas, and water, are regulated in Florida. An unregulated utility, on the other hand, is not subject to the same rules and regulations as regulated utilities. Unregulated utilities do not need to follow the rules set by the state, and are often operated by private companies. These utilities do not need to follow the same pricing and safety regulations as regulated utilities, and often offer services at lower prices. Examples of unregulated utilities in Florida include cellular phone service providers, internet services, and television services. In summary, the difference between a regulated and an unregulated utility is that regulated utilities are required to follow certain rules and regulations set forth by the state of Florida, whereas an unregulated utility is not subject to those same laws and may be run by a private company.

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What is the difference between a regulated and an unregulated utility?

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