Public utilities commission
A public utilities commission is a quasi-governmental body that provides oversight and/or regulation of public utilities in a particular area (locality, municipality, or subnational division), especially in the United States and Canada. The utilities in question may be owned by the consumers that it serves, a mutual utility like a public utility district, a state-owned utility, or it may be a stockholder-owned utility either publicly traded on a stock exchange or closely held among just a few investors.
Source: Wikipedia — Public utilities commission (CC BY-SA 4.0)