Wired for Greed: The Shocking Truth about America's Electric Utilities

by Joe Seeber and Jim Moore

Book Overview

Most Americans still do not understand electric utilities, and many consumers have only a vague grasp of the intricacies of regulation and deregulation. This is a paradox of sorts; regulation, in particular, seems easy enough to grasp. The real difficulty lies in understanding how power companies have manipulated the regulators.

If you think utility deregulation has done away with electric utility monopolies, think again Deregulation is a myth-it's...

• Format: Paperback
• Language: English
• ISBN: 059535744X
• ISBN13: 9780595357444
• Release Date: October 2005
• Publisher: iUniverse
• Length: 128 Pages
• Weight: 0.44 lbs.
• Dimensions: 0.3" x 6.0" x 9.0"

Customer Reviews

An ably written documentation of the truths that render monopoly for America's allegedly deregulated

Wired For Greed: The Shocking Truth About America's Electric Utilities by Joe Seeber and Jim Moore is an ably written documentation of the truths that render monopoly for America's allegedly deregulated power companies. Readers will discover the manipulative tendencies and constructs that enable the electric companies to control their clients. Wired For Greed is a highly informative and knowledgeably written eye-opener with potential to revolutionize the electric consuming nation of America's taken citizens, a highly recommended read.

Illuminating book

Although electricity is essential to our daily lives and to our economy, most of us know little or nothing about electric utility companies. According to Joe Seeber, founder and president of a utility audit business, it's about time we end our ignorance. He knows utilities inside and out and claims that they are corrupt, enjoy overly cozy relationships with elected officials, and are out to mazimize profits at the expense of consumers. He illustrates his claims with real life stories that will amaze and entertain you. He also explains why deregulation of the electric utility industry is a sham, something many readers may be discovering now that they are faced with steep hikes in the cost of electricity, despite promises from state elected officials that deregulation would bring lower costs. If you don't believe that a book about the electric utility industry can be interesting, think again. Wired for Greed is fascinating and sheds light on an industry we should all know a lot more about.

Wired for Greed - Pretty good read

Who should read this book? Curious consumers, elected officials, and procurers of electricity in both public and the private sector are its audience. The book describes the structure and behavior of an industry that affects us all. Sufficient history is reviewed to provide a framework for understanding the unusual relationship between, utilities, consumers, corporations, regulatory agencies and outside influences. The electric utility industry has a far reaching effect yet one of which most of us remain ignorant. No more! Seeber and Moore confirm that monopoly is the worst enemy of good management. They unveil the activities of an industry that has maintained control via the sales pitch of natural monopoly, to (self) regulated monopoly, and through deregulation and hope for a more competitive industry. The book abounds with examples of behavior of an industry that is truly "shocking."