Public power utilities are not-for-profit entities that provide electricity to customers at the lowest rates. Homes powered by municipal electric utilities pay – on average – nearly 15 percent less than homes powered by investor-owned utilities. Businesses that get electricity from municipal utilities also pay less than businesses that get electricity from private, investor-owned utilities..
Public power revenues are reinvested to maintain and upgrade the local electric system, including substations and distribution lines. With no stockholders to keep happy, municipal utilities focus exclusively on delivering low-cost, reliable electricity to meet the needs of their customers.