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Deregulation In The Electric Industry Electricity is the principal force that powers modern society. It lights buildings and streets, runs computers and telephones, drives trains and subways, and operates all variety of motors and machines. Yet most people, despite their great dependence on electrical power, hardly give it a thought. They flip a switch, turn a key, or pick up a phone and expect the power to be there without fail. The almost-century old structure of the American electric utility industry is in need of change. Almost all interested parties accept the fact that technological change and altered views of the nature of government intervention have made Approximate words: 1332 Approximate pages: 6

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