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This lecture explores the role of urban utility companies in the Swiss energy sector, focusing on the challenges and opportunities they face in the energy transition. It discusses the key trends of digitalization, decarbonization, and liberalization, as well as the dilemma between public and private interests. The presentation delves into the various roles of urban utility companies, including their involvement in regulations, public services, production, distribution, and supply. It also examines the tensions between public and private logic, the reality of urban utility companies in the energy transition, and the current challenges faced by Swiss energy companies. The lecture concludes with a discussion on different energy solutions and their implications for the future of the Swiss energy sector.