College Utilities Corporation is privately held, publicly regulated water and wastewater utility company. It is a wholly owned and operated subsidiary of Fairbanks Sewer & Water. College Utilities Corporation is administratively supported by Utility Services of Alaska. The parent company, Fairbanks Sewer & Water, additionally operates Golden Heart Utilities, which offers water treatment and distribution services. College Utilities Corporation and Golden Heart Utilities manage more than 8,500 customer accounts representing a population of over 55,000 people.