Is There an Anti-corruption Agenda in Utilities? is forthcoming in Utilities Policy. In a networked utility setting (few, predominantly monopoly providers), it is very hard to measure the extent of grand corruption using perceptions or surveys. It is even harder to measure the extent of damage done specifically by corruption, petty or grand. As a result, it will be hard to develop 'actionable indicators' of, or to develop empirically tested responses to, corruption in utilities. How much does this matter? Corruption is the result of a failure of governance (poor sector structure, weak management and so on). We can measure the impact of poor governance at the level of the utility looking at measures such as transmission and distribution losses or the construction of inoperable power plants. And we have a number of tools to improve utility governance (including sector structure reform and SOE corporate governance mechanisms). It is not clear that, at the sectoral or company level, there is a significant anti-corruption agenda not encompassed by this broader agenda of improved governance. To that extent, the 'new' anticorruption agenda provides renewed justification for the 'old' focus on institutions at the level of utilities management, but does not require a radically different approach.