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Utility Deregulation
Part 1 of Paper
....ness by private electric companies. Through the years it has grown to become one of the nation's largest business enterprises. Some municipally owned electric systems were established to provide street lights and to replace arc lighting systems during a depression period when electric companies were unable to secure .... Part 2 of Paper
....ales or generation of electricity. The remainder consists of the federal government, municipalities, state and district agencies, and cooperatives (Weidenbaum 1995).
The movement toward regulation of electric power resulted from two basic factors. The consolidation in the early 1900s of competing utilities often produced price fixing, and attempts to introduce competition would increase unit costs by forcing duplication of costly transmission and distribution networks.
Regulation is designed t.... |
| Number of words: 1295 - Approximate pages: 5 |
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