Electricity Acts

In the 1990s, the British government turned its whole electricity system upside down and inside out, privatizing and deregulating the utilities. The British model spread worldwide–even to America. How did the British industry get into a state that required a revolution, and what did this revolution really accomplish? The electricity revolution in Britain created millions of winners and losers—consumers, coal miners, nuclear operators, investors, executives and politicians—and the same process is ongoing in the United States. To be on the winning side, read Electricity Acts to learn how to survive and even thrive. Leonard S. Hyman, the author of America’s Electric Utilities: Past, Present and Future, headed utility research at one of America’s largest brokerage houses and was an early advocate of utility deregulation. He was part of a banking team that worked with industry and government during and after the U.K.’s electricity privatization and that led him to investigate how the electr