Marietta Board of Lights and Water · Marietta, GA United States
Company Description
View Marietta Board of Lights and Water Locations On A US Map
This link will open in a new window
This link will open in a new window Whether it's a rainy night in Georgia or a sunny day, citizens can rely on the Marietta Board of Lights and Water (doing business as Marietta Power and Water) to provide electricity and water to residents and businesses in the city of Marietta, and the counties of Marietta and Cobb. The municipal utility operates through two divisions: Marietta Power distributes electricity to more than 45,000 customers and purchases power from the Municipal Electric Authority of Georgia (MEAG Power), and Marietta Water provides water supply and wastewater collection services to more than 17,000 customers. To read the full description, subscribe now.
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!
Key Marietta Board of Lights and Water Financials
| Company Type | Government-owned Single Location |
| Fiscal Year-End | June |
| Annual Sales (mil.) | $60.0 |
| Employees | 201 |
Competition
Competitive Landscape for Marietta Board of Lights and Water
Demand for electricity is driven by industrial and commercial activity and by population growth. The profitability of individual companies depends on the efficiency of their operations. Large companies have economies of scale in purchasing power; small companies can compete effectively by specializing in geographic regions. The industry is capital-intensive: average annual revenue per worker is about $2 million. The traditional electricity industry consisted of investor-owned utilities, municipal utilities, cooperatives, and government entities that owned the generation, transmission, and retail distribution facilities within a limited area and served all customers within that area as tightly regulated "natural monopolies." Though "natural monopolies" still exist, the electric energy industry in the US underwent a restructuring driven by changes in federal and state laws in the 1990s. In restructured, or deregulated, markets, generation, transmission, and distribution operations are carried out by separate companies, and the owners of local distribution lines make their lines available to competitors. The intended purpose of moving toward a less regulated electricity market was to decrease the cost of electricity by fostering competition among producers. One practical effect was the divestment of generation facilities by many investor-owned utilities. Despite the popularity of restructuring activities initially, as of mid-2009 only 14 states had deregulated their electricity industries. Several other states, including California, launched restructuring initiatives before suspending them, in part because of concerns that restructuring caused electricity rates to rise. Many local electricity distributors are still owned by utility holding companies that also own power generation facilities, wholesale transmission lines, and wholesale power trading companies. To read the full description, subscribe now.Top Marietta Board of Lights and Water Competitors
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!