ELI5: Explain Like I'm 5

Public utility model

Well, imagine you're thirsty and you want some water. You can't just get it from anywhere because it needs to be clean and safe for you to drink. That's where public utilities come in.

A public utility is like a big company that provides water, electricity, gas, and other important resources to people. They make sure that everyone has access to these things by putting pipes and wires all over the place so that the water and electricity can reach every home in the area.

But how does a public utility make money? They charge people for the resources they use. When you use water or electricity from the public utility, they charge you based on how much you used. This money goes back to the public utility to help them maintain and improve their services.

The public utility model is really important because it ensures that everyone has access to clean water, electricity, and other important resources, no matter where they live. It also makes sure that these resources are affordable and safe for everyone. So, the next time you turn on a light or take a shower, remember that it's all thanks to the hardworking people at the public utility company.
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