For most of the industry’s history, electric power in the US had largely been provided by vertically integrated utility companies that handled every part of the electricity supply: generating it, transmitting it, distributing it to customers, and managing the overall system. Utilities were granted monopoly status in their area of operations, and in return had their rates regulated by state public utility commissions. Most utility companies were private enterprises known as investor-owned ut...| www.construction-physics.com
Welcome to Part II of our history of the electric power industry.| www.construction-physics.com
The day must come when electricity will be for everyone, as the waters of the rivers and the wind of heaven. It should not merely be supplied, but lavished, that men may use it at their will, as the air they breathe. - Emile Zola, “Travail”, 1901| www.construction-physics.com