Megakat Power and Light was an electrical company that supplied power to Megakat City. One of its employees was a victim of the succubus Katrina Moorkroft. His mummified corpse was found in an alley.
A similarly-named company, Megakat Light and Power, was mentioned as having been attacked by Hard Drive in Night of the Dark Kat. Like its predecessor, we would never have seen the actual Megakat Power and Light, only the dead body of the employee.