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Blackout: How the Electric Industry Exploits America
 
 
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Blackout: How the Electric Industry Exploits America [Paperback]

Gordon L. Weil (Author)
2.0 out of 5 stars  See all reviews (1 customer review)

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Book Description

May 19, 2006
In the midst of the sweltering summer of August 2003, the lights went out across northeast America. From Canada to Philadelphia, houses were plunged into darkness, elevators stalled, subway cars ceased to run, air-conditioners shuddered into silence, and the candle-lit 1890s streets of Brooklyn became a reality once more. Astonishingly, no company or individual has ever been held accountable for what cost affected regions millions of dollars in lost revenue and compensation. The electricity companies involved introduced no new rules, nor a single firing — nothing. As Gordon Weil explores in Blackout, this was the culmination of a long history of exploitation by the electric industry of its customers, coupled with the seeming indifference and incompetence of the regulators who were supposed to protect them. Weil describes the founding of the original electric monopoly by Edison and his secretary, Insull, and reveals how and why Roosevelt's efforts to control the company's excesses failed. Weil continues with the willful failure of the industry to integrate itself into the competitive marketplace; a failure in which the customer remains the biggest loser. Weil concludes that unless the government and the regulators undertake radical legislation, "lights out" remains a distinct possibility for us all.

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Editorial Reviews

From Publishers Weekly

With this ambitious book, Weil sets two complementary tasks for himself: to reveal many of the problems that have been hidden from the public about the electric industry, and to suggest redress. His sprawling, sometimes convoluted history begins with Thomas Edison's invention of the lightbulb and former Edison employee Samuel Insull's definitive approach to the business of electricity, which he refined while running the Commonwealth Electric Company in Chicago. Weil then covers the following century, leading up to the 2003 blackout and its aftermath, with a brevity that's alternately refreshing and frustrating. His distillation of the cause of that blackout as "a series of failures and inefficiencies" is typical for its clarity, but when the author takes on more complicated topics, like the California energy crisis, his writing loses some of its accessibility. Small glossaries and inserts provide welcome background for the lay reader, but Weil's difficult subject and expertise in the field—he has worked as a power broker and energy consultant and advised the U.S. Department of Energy—are sometimes at odds with this generalized approach. However, his final recommendations, which are largely aimed at restoring knowledge and power to the consumer, are authoritative and persuasive. (July)
Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.

About the Author

Gordon Weil is the chairman of the Weil Consulting Group, a team of electic transmission and power supply expeters that works for customers. He was the chairman of the negotiations to create the New England single transmission system. He was also the Maine Energy Director and chair of the national organization of state energy agencies.

Product Details

  • Paperback: 256 pages
  • Publisher: Nation Books (May 19, 2006)
  • Language: English
  • ISBN-10: 1560258128
  • ISBN-13: 978-1560258124
  • Product Dimensions: 8 x 5.3 x 0.5 inches
  • Shipping Weight: 4 ounces (View shipping rates and policies)
  • Average Customer Review: 2.0 out of 5 stars  See all reviews (1 customer review)
  • Amazon Best Sellers Rank: #615,757 in Books (See Top 100 in Books)

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3 of 3 people found the following review helpful:
2.0 out of 5 stars Half of the story, October 6, 2008
This review is from: Blackout: How the Electric Industry Exploits America (Paperback)
I recently picked up this book because I have an interest in the Electric Utility industry. Boy, was I disappointed. You have to hand it to Mr. Weil - he takes on a broad array of topics, but he never really does justice to any of them. Maybe a good editor could have focused his attention on one aspect, but it seems this is more of a self-published vanity book than a true fact-checked volume. If you want a quick overview of a lot of topics and don't care about details then this might be a decent book, but it really pales in comparison to many other. For instance, if you want to know what was going on with Enron - read "The Smartest Guys in the Room". If you want to history of regulation (and deregulation) in the US and elsewhere, I would suggest "Power Play: The Fight to Control the World's Electricity" by Sharon Beder or "Power Loss: The Origins of Deregulation and Restructing in the American Electric Utility System" by Richard Hirsch. There are countless books on Samuel Insull and also some good accounts of the WPPSS debacle. If you decide to pick this up anyway - be ready to question the logic and investigate other sources before siding with Mr. Weil...although he has some good points it seems at times to be coincidental with the evidence he cites (or doesn't bother to cite).
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Inside This Book (learn more)
First Sentence:
A strand of hair-a single strand. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
federal power administrations, electric industry restructuring, open transmission access, transmission owners, native load, electric business, retail access, grid reliability, wholesale access, electricity customers, new transmission lines, stranded costs, power marketers, wholesale customers, transmission reliability, preference power, electric rates, utility business
Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, Southern Company, New England, New York, Federal Power Act, New Deal, Supreme Court, White House, Federal Power Commission, New Jersey, Ken Lay, National Energy Policy, Sam Insull, Department of Energy, Federal Water Power Act, Georgia Power, Los Angeles, Pacific Northwest, Pat Wood, Samuel Insull, World War, District of Columbia, East Coast, Federal Power Agencies, Standard Market Design
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