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50-453: Smilde is a town in the Netherlands' northern province of Drenthe and lies about 10 kilometers (6.2 mi) southwest of the province capital of Assen . Smilde was a separate municipality until 1998, when it became a part of Middenveld. However, that name changed in 2000 and was renamed the municipality of Midden-Drenthe . The village was first mentioned in 1846 as Smilde. The etymology

100-658: A medieval county or duchy , as can the provinces of regions in Belgium . Their status changed when they came under a single ruler who centralised their administration, reducing their powers. There were 17 in total: from these unified Netherlands, seven northern provinces from 1588 formed the Republic of the Seven United Provinces , namely Holland , Zeeland , Gelderland , Utrecht , Friesland , Overijssel and Groningen . The Republic's lands also included Drenthe (one of

150-565: A decrease in the efficiency of monopolistic companies. To protect the interests of consumers from unjustified overpricing and substandard service, there are special regulatory bodies whose powers are regulated by the Law "On Natural Monopolies" and other regulatory acts. Main functions: Interaction at different levels: It is important to note that the powers to regulate the activities of natural monopolies are distributed between federal and local authorities.  Effective coordination of their actions

200-526: A governmental body may attempt to improve its image or attract investment. Traditionally, public services have been provided by public legal entities, which operate much like corporations, but differ in that profit is not necessary for a functional business. A significant factor in government ownership has been to reduce the risk that an activity, if left to private initiative, may be considered not sufficiently profitable and neglected. Many utilities are essential for human life, national defense, or commerce, and

250-499: A high degree of autonomy , cooperating with each other mainly on defense and foreign relations, but otherwise keeping to their own affairs. On 1 January 1796, under the Batavian Republic , Drenthe and Staats-Brabant became the eighth and ninth provinces of the Netherlands. The latter, which had been known as Bataafs Brabant (English: Batavian Brabant), changed its name to Noord-Brabant, North Brabant, in 1815 when it became part of

300-727: A hundred municipalities, was sold for around 9.3 billion euros. The constituent country of the Netherlands , being the largest part of the Kingdom of the Netherlands , is divided into twelve provinces ( provincies in Dutch ) and three overseas special municipalities; Bonaire , Sint Eustatius , and Saba in the Caribbean Netherlands that are not part of any province. Previously these were part of public bodies ( openbare lichamen ). Nearly all Dutch provinces can trace their origin to

350-532: A power and utilities industry outlook report by Deloitte identified a number of trends for the utilities industry: Issues faced by public utilities include: Alternative pricing methods include: Utility stocks are considered stable investments because they typically provide regular dividends to shareholders and have more stable demand. Even in periods of economic downturns characterized by low interest rates , such stocks are attractive because dividend yields are usually greater than those of other stocks, so

400-421: A power plant will only disadvantage the consumer as prices could be increased. If the infrastructure already exists in a given area, minimal benefit is gained through competing. In other words, these industries are characterized by economies of scale in production. Though it can be mentioned that these natural monopolies are handled or watched by a public utilities commission, or an institution that represents

450-484: A public utility is a question that was being discussed with the rise of internet usage. This is a question that was being asked due to the telephone service being considered a public utility. Since arguably broadband internet access has taken over telephone service, perhaps it should be a public utility. The Federal Communications Commission (FCC) in the United States in 2015 made their stance on this issue clear. Due to

500-549: A slow return of capital ; last, technical difficulties can occur in the management of plurality of networks, example in the city subsoil . Public pressure for renewable energy as a replacement for legacy fossil fuel power has steadily increased since the 1980s. As the technology needed to source the necessary amount of energy from renewable sources is still under study, public energy policy has been focused on short term alternatives such as natural gas (which still produces substantial carbon dioxide ) or nuclear power . In 2021

550-520: A system with an administrative nature of relations, where the authorities have the authority to issue mandatory instructions for these companies. Proponents of such a system emphasize that it allows the authorities to directly influence the commercial activities of public utilities, ensuring their compliance with state interests. This can be expressed in: However, such a system has its drawbacks. Excessive government intervention can lead to: Resource efficiency: Despite these limitations, utilities within

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600-519: A three-year agreement with the aim of working together to modernize the country's infrastructure. As part of this agreement, the EBRD will allocate funds for the implementation of a number of important projects aimed at: In addition to these two key areas, the EBRD will continue to support other initiatives aimed at improving the well-being of citizens of Kazakhstan. In the United Kingdom and Ireland ,

650-520: A villa in Renaissance Revival style and was named Villa Maria. In 1931, it became town hall. Smilde was home to 1,675 people in 1840. Smilde was an independent municipality until 1998 when it was merged into Midden-Drenthe . There are two primary schools, De Schutkampen and Prinses Margriet ( Princess Margriet of the Netherlands ). This Drenthe location article is a stub . You can help Misplaced Pages by expanding it . Provinces of

700-456: Is necessary to ensure coordinated work and achieve common goals. As a result, the activities of the regulatory authorities of natural monopolies are aimed at ensuring a balance between the interests of consumers, utility companies and the state. 2017 was marked by a new round of cooperation between Kazakhstan and the European Bank for Reconstruction and Development (EBRD). The parties signed

750-577: Is the smallest by land area at 1,410 km (544 sq mi). In total about 10,000 people were employed by the provincial administrations in 2018. The provinces of the Netherlands are joined in the Association of Provinces of the Netherlands (IPO). This organisation promotes the common interests of the provinces in the national government of the Netherlands in The Hague . The government of each province consists of three major parts: The members of

800-535: Is unclear. Smilde is a elongated canal village which developed around 1770. Between 1767 and 1780, the Drentsche Hoofdvaart  [ nl ] was dug to excavate the peat in the area. The first settlement was called Kloosterveen and was later renamed to Smilde. The Dutch Reformed church was built between 1780 and 1788 in Louis XVI style . It was restored in 1963. The former town hall was originally built as

850-613: The Eastern Interconnection , the Texas Interconnection , which is a single ISO, and the Western Interconnection . U.S. utilities historically operated with a high degree of financial leverage and low interest coverage ratios compared to industrial companies. Investors accepted these credit characteristics because of the regulation of the industry and the belief that there was minimal bankruptcy risk because of

900-454: The European Bank for Reconstruction and Development (EBRD) notes that additional investments are needed to improve the efficiency and reliability of these systems. The analysis conducted by the EBRD revealed a number of problems faced by heating, water supply and sewerage systems in Kazakhstan. The report also provides examples of cities where networks are being upgraded with the support of

950-470: The French revolutionary example, in an attempt to do away with the old semi-autonomous status of the provinces. They are listed below, with their capitals and the territory of the former provinces that they mostly incorporated: After only three years, following a coup d'état , the borders of the former provinces were restored, though not their autonomous status. They were now also called "departments" and Drenthe

1000-457: The United Kingdom of the Netherlands , which also contained (then) South Brabant, a province now in Belgium . This new unified state featured the provinces in their modern form, as non-autonomous subdivisions of the national state, and again numbering 17, though they were not all the same as the 16th century ones. In 1839, following the separation of Belgium, the province of Limburg was divided between

1050-730: The Water Industry Commission for Scotland and the Utility Regulator in the United Kingdom, and the Commission for Regulation of Utilities and the Commission for Communications Regulation in the Republic of Ireland. Disabled community transport services may occasionally be included within the definition. They were mostly privatised in the UK during the 1980s. The first public utility in

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1100-587: The 17, but without the autonomous status of the others), and parts of the Duchy of Brabant , Duchy of Limburg and County of Flanders , which were considered to be "conquered lands" and were governed directly by the States General , hence their name Generality Lands . They were called Staats-Brabant , Staats-Limburg and Staats-Vlaanderen , meaning "governed by the States General". Each of these "Netherlands" had

1150-550: The EBRD. These projects demonstrate how the introduction of modern technologies can improve the efficiency, reliability and environmental friendliness of heating, water supply and sewerage systems. Upgrading infrastructure is not just a matter of convenience. It is of vital importance for public health, environmental protection and ensuring the sustainable development of the economy of Kazakhstan. In most cases, public utilities in Kazakhstan are state-owned, which means that their activities are directly regulated by akimats. This creates

1200-534: The Netherlands There are twelve provinces of the Netherlands representing the administrative layer between the national government and the local governments , with responsibility for matters of subnational or regional importance. The most populous province is South Holland , with just over 3.8 million inhabitants as of January 2023 , and also the most densely populated province with 1,410/km (3,700/sq mi). With 391,124 inhabitants, Zeeland has

1250-467: The Netherlands finally did become fully part of France in 1810, the departments of the kingdom and their borders were largely maintained, with some joined. They were however nearly all renamed, again mainly after rivers, though the names differed from their Batavian counterparts. Following are their names and the modern day province they mostly correspond to: With the defeat and withdrawal of the French in 1813,

1300-476: The Netherlands have seven core tasks: To a large extent, the provinces of the Netherlands are financed by the national government. Also, provinces have income from a part of the Vehicle Excise Duty . Several provinces have made a large profit in the past from privatising utility companies originally owned or partly owned by the provinces. Essent , which was originally owned by six provinces and more than

1350-520: The United States was a grist mill erected on Mother Brook in Dedham, Massachusetts , in 1640. In the U.S., public utilities provide services at the consumer level, be it residential, commercial, or industrial consumer. Utilities, merchant power producers and very large consumers buy and sell bulk electricity at the wholesale level through a network of regional transmission organizations (RTO) and independent system operators (ISO) within one of three grids,

1400-904: The commercial activities related to associated electric, natural gas , telecommunications, water, railroad, rail transit, and/or passenger transportation companies. For example, the California Public Utilities Commission (CPUC) and the Public Utility Commission of Texas regulate the utility companies in California and Texas, respectively, on behalf of their citizens and ratepayers (customers). These public utility commissions (PUCs) are typically composed of commissioners, who are appointed by their respective governors, and dedicated staff that implement and enforce rules and regulations, approve or deny rate increases, and monitor/report on relevant activities. Ratemaking practice in

1450-492: The company must offer higher yields to attract bond investors , driving up the utility's interest expenses. If the company's debt load and interest expense becomes too large, its credit rating will deteriorate, further increasing the cost of capital and potentially limiting access to the capital markets. Public utilities in Kazakhstan include heating, water supply, sewerage, electricity and communications systems. A report by

1500-690: The cost of adding another customer is small, and duplication of facilities would be wasteful. As a result, utilities were either government monopolies, or if investor-owned, regulated by a public utilities commission . In the electric utility industry, the monopoly approach began to change in the 1990s. In 1996, the Federal Energy Regulatory Commission (FERC) issued its Order No. 888 , which mandated that electric utilities open access to their transmission systems to enhance competition and "functionally unbundle" their transmission service from their other operations. The order also promoted

1550-418: The entire city. Cooperative utilities are owned by the customers they serve. They are usually found in rural areas. Publicly owned utilities are non-profit. Private utilities, also called investor-owned utilities , are owned by investors , and operate for profit, often referred to as a rate of return . A public utilities commission is a governmental agency in a particular jurisdiction that regulates

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1600-416: The essential services they provide. In recent decades several high-profile utility company bankruptcies have challenged this perception. Public utilities were historically regarded as natural monopolies because the infrastructure required to produce and deliver a product such as electricity or water is very expensive to build and maintain. Once assets such as power plants or transmission lines are in place,

1650-517: The framework of this system can demonstrate high efficiency in the use of labor resources and management costs. Residents of Kazakhstan receive water, sewerage and heating from companies recognized by the state as natural monopolies. This means that there is no competition in these areas, and tariffs are set by a special state body – the Committee for Regulation of Natural Monopolies, Competition and Consumer Protection (CRNM and CP). In order to ensure

1700-507: The government. There are many different types of public utilities. Some, especially large companies , offer multiple products, such as electricity and natural gas. Other companies specialize in one specific product, such as water. Modern public utilities may also be partially (or completely) sourced from clean and renewable energy in order to produce sustainable electricity. Of these, wind turbines and solar panels are those used most frequently. Whether broadband internet access should be

1750-445: The infrastructure, e.g. power plants, telephone lines and water treatment facilities. However, over the past several decades, traditional public utilities' monopoly position has eroded. For instance, wholesale electricity generation markets, electric transmission networks, electricity retailing and customer choice, telecommunications , some types of public transit and postal services have become competitive in some countries and

1800-445: The national government was planning to merge the provinces Flevoland, North Holland and Utrecht into a single province Noordvleugelprovincie  [ nl ] . Due to significant protest the plan was abandoned. Public utility Public utilities are meant to supply goods and services that are considered essential; water , gas , electricity , telephone , waste disposal , and other communication systems represent much of

1850-415: The old provinces and their names were re-established, Holland was reunited and East-Frisia went its separate way. The 17 provinces of the United Kingdom of the Netherlands were for a significant part based on the former French departments and their borders, in particular in what would later become Belgium. There is continuous discussion within the Netherlands about the future of the provinces. Before 2014,

1900-530: The provincial council are elected every four years in direct elections. To a large extent, the same political parties are enlisted in these elections in the national elections. The chosen provincial legislators elect the members of the national Senate within three months after the provincial elections. The elections for the water boards take place on the same date as the provincial elections. The last provincial elections were held in 2023 . The next provincial elections are scheduled for 2027 . The provinces of

1950-416: The public utility market. The transmission lines used in the transportation of electricity , or natural gas pipelines , have natural monopoly characteristics. A monopoly can occur when it finds the best way to minimize its costs through economies of scale to the point where other companies cannot compete with it. For example, if many companies are already offering electricity, the additional installation of

2000-502: The risk of public harm with mismanagement is considerably greater than with other goods. The principle of universality of utilities maintains that these services are best owned by, and operating for, the public. The government and the society itself would like to see these services being economically accessible to all or most of the population. Furthermore, other economic reasons based the idea: public services need huge investments in infrastructures , crucial for competitiveness but with

2050-417: The role of an independent system operator to manage power flow on the electric grid. Later, FERC Order No. 889 established an electronic information system called OASIS (open access same-time information system) which would give new users of transmission lines access to the same information available to the owner of the network. The result of these and other regulatory rulings was the eventual restructuring of

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2100-461: The smallest population. However Drenthe is the least densely populated province with 191/km (490/sq mi). In terms of area, Friesland is the largest province with a total area of 5,753 km (2,221 sq mi). If water is excluded, Gelderland is the largest province by land area at 4,960 km (1,915 sq mi). The province of Utrecht is the smallest with a total area of 1,560 km (602 sq mi), while Flevoland

2150-411: The smooth operation of public utilities, the state also controls the investment programs of monopolistic companies. This is handled by the Committee on Construction and Housing and Communal Services. Such a system allows you to regulate prices for utilities and direct investments to infrastructure development. However, this system also has its disadvantages. For example, the lack of competition can lead to

2200-718: The state, private firms, and charities ran the traditional public utilities. For instance, the Sanitary Districts were established in England and Wales in 1875 and in Ireland in 1878. The term can refer to the set of services provided by various organizations that are used in everyday life by the public, such as: electricity generation , electricity retailing , electricity supplies, natural gas supplies, water supplies, sewage works , sewage systems and broadband internet services. They are regulated by Ofgem , Ofwat , Ofcom ,

2250-520: The telephone service having been considered a public utility, the FCC made broadband internet access a public utility in the United States. Public utilities have historically been considered to be a natural monopoly . This school of thought holds that the most cost-efficient way of doing business is through a single firm because these are capital-intensive businesses with unusually large economies of scale and high fixed costs associated with building and operating

2300-518: The traditional monopoly-regulated regime to one in which all bulk power sellers could compete. A further step in industry restructuring, "customer choice", followed in some 19 states, giving retail electric customers the option to be served by non-utility retail power marketers. Public utilities can be privately owned or publicly owned . Publicly owned utilities include cooperative and municipal utilities. Municipal utilities may actually include territories outside of city limits or may not even serve

2350-557: The trend towards liberalization , deregulation and privatization of public utilities is growing. However, the infrastructure used to distribute most utility products and services has remained largely monopolistic. Key players in the public utility sector include: Public utilities must pursue the following objective given the social responsibility their services attribute to them: The management of public utilities continues to be important for local and general governments . By creating, expanding, and improving upon public utilities,

2400-586: The two countries, each now having a province called Limburg. A year later, Holland, the largest and most populous of the Dutch provinces, was also split into two provinces, for a total of 11. The 12th province to be created was Flevoland , consisting almost entirely of reclaimed land , established on 1 January 1986. During the Batavian Republic, the Netherlands was from 1798 to 1801 completely reorganised into eight new departments, most named after rivers, inspired by

2450-443: The utility sector is often part of a long-term buy-and-hold strategy. Utilities require expensive critical infrastructure which needs regular maintenance and replacement. Consequently, the industry is capital intensive , requiring regular access to the capital markets for external financing. A utility's capital structure may have a significant debt component, which exposes the company to interest rate risk . Should rates rise,

2500-479: Was added to Overijssel. In 1806 the Kingdom of Holland replaced the republic to further French interests. It was during this administration that Holland was first split in two, with the department of Amstelland to the north and that of Maasland to the south. East Frisia , then as now in Germany , was added to the kingdom as a department in 1807 and Drenthe split off again making a total of 11 departments. When

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