How are public utilities regulated?

Public utilities in North Carolina are regulated by the state government. This is done to ensure that utility customers are not overcharged and that they receive reliable services. The North Carolina Utilities Commission, abbreviated as NCUC, is the state governmental agency responsible for regulating public utilities. The NCUC sets rates and makes sure that consumers are treated fairly. In addition, the commission has the authority to approve or reject proposed utility expansions and other changes and improvements. The commission also develops and enforces rules and regulations in order to ensure that utilities provide quality customer service and keep prices fair. Furthermore, the North Carolina Utilities Commission monitors utility companies, such as electric, gas, and water companies, to make sure that the safety and health of customers are not compromised. The commission also has the power to order utility companies to take corrective action when needed. Public utilities are an important part of life in North Carolina, and ensuring they are regulated properly helps keep everyone safe and ensure a reliable and affordable service.

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How are public utilities regulated?

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