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.
Grundy is a town in Buchanan County, Virginia, United States. The population was 1,105 at the 2000 census. It is the county seat of Buchanan County. The town is noted for its educational institutions and their role in the town's economic rebirth. In the past, the town served as a stopover for Union troops on their way to the Battle of Saltville. The town is also noteworthy for its flood control project, where the mountain across the river was blasted to make way for new development.