1. a company or organization that is not a public utility
Usage: business

1. not relating to or being a public utility
Usage: business

Examples

• The investment fund focuses on nonutility stocks.
• Nonutility companies are not subject to the same regulations as power companies.
• The merger involved two nonutility firms in the telecommunications sector.
• Nonutility bonds typically offer different risk profiles than utility bonds.
• The analyst specializes in nonutility energy companies.
• Nonutility infrastructure projects require private funding.