Fact checked by Ariel Courage Reviewed by Erika Rasure What Is Utility Function? In economics, the utility function measures the welfare or satisfaction of a consumer as a function of the ...

Marginal utility explains how satisfaction changes with consumption. Businesses use it for pricing, and governments for taxes ...

Utility commissions are charged with overseeing the complex activities and fielding the demands of the massive energy conglomerates that the state has granted regional monopoly powers.

A state law governing utility termination expires Dec. 31. But the winter shutoff moratorium stays in effect.