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Utility companies are now private companies making vast profits, why do they still have these statutory powers? Why can’t they operate in a fully commercial environment?

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Utility companies are now private companies making vast profits, why do they still have these statutory powers? Why can’t they operate in a fully commercial environment?

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A. There may be circumstances where a utility company may enact statutory powers to enable them to safeguard their infrastructure. Without this statutory power, utilities could not guarantee their service to the end user. It can also be shown that some utility companies use statutory powers inappropriately, and will at times ignore the obligations placed upon them. If you are unsure obtain professional representation.

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