What are the different types of electric utilities?

By Kelsey Misbrener Solar contractors must work with a variety of electric providers to put new solar projects on the grid. Here are the three types of utilities and who they’re accountable to.
Investor-owned utilities (IOUs)
IOUs are privately owned electricity and natural gas providers with the objective of producing a return for investors. They distribute profits to stockholders or reinvest it. Rates are set and regulated by a public utilities commission with some customer participation. IOUs purchase power through contracts and also own their own generation facilities. They are the largest type of electric utility and have a complex mix of customers.
Examples:
FirstEnergy (Ohio)
Pacific Gas

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