Abstract: A utility tool for operating a utility meter set includes an elongate body member having opposed first and second ends. A regulator cap member is coupled to a first end of the body member and defines an aperture configured to grip a regulator cap of the meter set. The regulator cap member may include first and second portions in communication with one another and configured to loosen multiple regulator cap models, respectively. A service valve member is coupled to the second end of the body member and has an offset wrench head for operating a service valve of the meter set. A pressure adjustment member is coupled to the body member intermediate the opposed ends for adjusting the regulator pressure once the regulator cap is removed. The body member defines one or more bypass apertures having a configuration complementary to that of a bypass plug associated with the meter set.