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

The difference between a regulated and an unregulated utility in South Dakota is based on the level of control and oversight each type of utility operates under. A regulated utility is a type of utility that is subject to oversight from a government body. In South Dakota, the Public Utilities Commission (PUSC) is responsible for overseeing all regulated utilities. This means that the PUSC must approve any changes to rates, services, and operations before they can be implemented. Additionally, the PUSC makes sure the utilities maintain quality standards and are not discriminatory in their policies. Conversely, an unregulated utility is not subject to any oversight from a government body. These utilities are usually run by private companies and are not subject to the same rate or service regulations as regulated utilities. This means that the companies providing these services are allowed to set their own rates and policies without approval from the PUSC. Ultimately, the differences between regulated and unregulated utilities in South Dakota are significant. Regulated utilities have many regulations and policies that they must abide by, while unregulated utilities do not. Although both types of utilities have their advantages and disadvantages, it is important for consumers to be aware of which type of utility they are dealing with.

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

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