WIRED for GREED

About the Book

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 business as usual for the power companies.

For most of America, utility deregulation has yet to become a reality. Even if it does, electric companies will still swindle those they serve. Why? One reason: deregulation allows the utility giants to retain control of the transmission and distribution of electricity.

Utility cheating has gone unchecked for more than a century. Author Joe Seeber has caught the electric companies red-handed, from fudged financials and courtroom trickery to meter manipulation and outright fraud. He paints a compelling portrait of an industry wired for greed-and argues that it's time someone pulled the plug.

About the Author

Joe Seeber has audited electric utilities for more than twenty-five years. He?s founder and president of Tri-Stem. He and his wife, Elaine, live near Waco, Texas.

Jim Moore is the author of nine books. He holds degrees in history and political science, and he divides his time between Texas and the United Kingdom.