Public utilities provide electric, gas, water or telephone service to customers in a specified area. Utilities have a duty to provide safe and adequate service on reasonable terms to anyone who lives within the service area on without discriminating between customers. Because most utilities operate in near monopolistic conditions, they can be heavily regulated by local, state, and federal authorities. Generally, the local and state agencies are called Public Service Commissions (PSC) or Public Utility Commissions (PUC). Municipal Utilities and Rural Electric Cooperatives may be unregulated though.
Valparaiso is a city in Okaloosa County, Florida, in the United States, and it is named after the Chilean city of Valparaiso. As of the 2000 census, the city population was 6,408. According to the U.S. Census Bureau's 2004 estimates, the city had a population of 6,336. It is part of the Fort Walton Beach–Crestview–Destin Metropolitan Statistical Area.