In general by government protection we just mean that they are receiving property protection from police and from local governmental offices for like water quality inspections, park maintenance, general public services like the post office, etc, right? not that the government decides anything of note for the utility/company of people who are doing their best to run things based on merit and performance and team cohesion and actual delivery of objectives? not any political shit? I ask because I'm truly afraid at what people are starting to think when they talk about government's role, at least from my age or younger and I'm probably on the younger side on this forum so I want to know what the more experienced people here think about this kind of thing.

It’s hard to answer completely because it varies by municipality and I’m not an expert. But the public utility commission does regulate quite a bit, potentially ranging from where a utility can build, how much renewable sources they must have, how much they can charge, etc.

In exchange, the utility can essentially be guaranteed that competitors will not be allowed to enter the market. In the past few decades, there has been more movement towards deregulated markets but not without issues. (See the documentary “The Smartest Guys in the Room” if you aren’t already familiar with the story of Enron).

With tech (from search to ISPs) there are monopolies. Do they break them up or regulate them like utilities or something else? Our politicians are starting to tackle some real issues and we'll have to see how this shakes out.

Interesting perspective,thanks for sharing!