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.
Stephenville is a city in and the county seat of Erath County, Texas, United States. The population was 14,921 at the 2000 census. Founded in 1856, it is home to Tarleton State University. Stephenville is among several communities that calls itself the "Cowboy Capital of the World".