Services provided by public service companies are also known as utilities.
What are public utilities, housing expenses, cost of living and bills?
The term "public utilities" describes a group of particular services offered by entities and organisations that are both public and private and make up the public services sector.
The sum of a homeowner's monthly mortgage principal and interest payments and any additional costs related to their home constitutes their total housing expense.
The cost of living is the sum of money required in a certain location and time frame to meet necessities including housing, food, taxes, and medical care.
A declaration of money owed for products or services provided is referred to as a bill.
Based on the above definition,
Hence, services provided by public service companies are also known as utilities.
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