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Power Systems Conference Edmund O Schweitzer III Thank You for Participating

Welcome to the 2008 SEL Seminar - CacheFly

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Samuel Insull, 1915:<br />

“The greatest event that has taken<br />

place in the last ten or fifteen years<br />

in the local public-utility business is<br />

the transfer of control and regulation<br />

in most of the states from the state<br />

legislatures to state commissions<br />

which, besides exercising<br />

administrative powers, are also<br />

exercising semi-legislative and semijudicial<br />

junctions. This change has<br />

been of great economic significance<br />

to the business of electricity<br />

supply...”<br />

“Industries grow up, usually, where power is cheap --<br />

where coal or oil or gas is abundant or where waterpower<br />

may be utilized economically.” -- Samuel Insull<br />

6

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