The utilities sector is an industrial category of stocks, consisting of companies that provide basic everyday amenities, including natural gas, electricity, water, and power.
Which industries are utilities?
The Utilities Sector comprises of utility companies such as electric, gas and water utilities. It also includes independent power producers and energy traders, and companies that engage in generation and distribution of electricity using renewable sources.
What industry is electric utility?
An electric utility is a company in the electric power industry (often a public utility) that engages in electricity generation and distribution of electricity for sale generally in a regulated market. The electrical utility industry is a major provider of energy in most countries.