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Selling Power: Economics, Policy, and Electric Utilities Before 1940

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Selling Power: Economics, Policy, and Electric Utilities Before 1940 - Neufeld, John L
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Compared to other industries, the electric utility industry doesn t make much economic sense. Most industries are kept by law in a state of fair competition, but since the capital necessary to start an electric company generators, transmission and distribution systems, other electrical equipment, land, and buildings is so excessive, few companies can really enter the market and compete. So since its inception the natural state of an electricity utility has been considered to be a monopoly, and because of this the ...

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Selling Power: Economics, Policy, and Electric Utilities Before 1940 2016, University of Chicago Press

ISBN-13: 9780226399638

Hardcover