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Electric utility companies have seen a lot of volatility throughout the years. In the 1950’s and 60’s technology advances and economies of scale played a large role in the overall success of the electric utility industry. Inflation and increasing oil prices in the 1970’s contributed to the rapidly increasing operating costs for electric companies. In the 1980’s, gas and oil prices experienced a significant decrease.
Recently, utility companies have moved in the direction of diversification and deregulation. With regards to diversification, many utility companies are considering expansion into nonregulated industries...
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