The electric power industry is undergoing the greatest transformation in its 100-year history. In readable, concise fashion author Denise Warkentin explains how the electric industry works! After briefly tracing the history of the industry, she details shareholder-owned, consumer-owned utilities, as well as rural cooperatives and independent power producers. Other issues addressed include deregulation, the emergence of energy marketers, and the flurry of mergers, acquisitions, and consolidations now ongoing.