what is the largest utility company 
globally the largest utility is nextera energy a provider of electricity related services and a market capitalization of 158b as of july 2022 its principal subsidiary fpl is a rate regulated utility engaged primarily in the generation transmission distribution and sale of electric energy 1415the bottom linethe utilities sector is an industrial category of stocks consisting of companies that provide basic everyday amenities including natural gas electricity water and power typically investors buy utilities stocks as long term holdings these equities typically feature stable prices and good dividend income the movement toward clean energy along with competition enhancing legislation and a presidential administration committed to renewable energy resources has some financial analysts forecasting strong growth for the utilities sector in the 2020s correction march 20 2024 this article has been corrected to state that investing in utilities becomes less attractive when interest rates and bond yields are high 