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This is a short summary of the paper
Utility Deregulation

Start of Term Paper
The electric utility industry began in the late 1870's as street lighting and electric railway business by private electric companies. Through the years it has grown to become one of the nation's largest business enterprises. Some municipally ....

Middle of Term Paper
... the commercial industry only incidentally; electric power was produced as a by-product of irrigation and flood control projects. Power not needed in the operation of the projects was sold commercially. In 1932, private electric companies owned 93 percent of the generating capacity in the country (Weidenbaum 1995). Today private electric utility companies own over three-fifths of the electric power industry when measured by sales 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 ...

Number of Words: 1295 Approximate Pages: 5

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