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Designed to reach a non-legal audience, Steven Ferrey highlights the importance of electric energy rules and legal restrictions replacing the traditional utility environment. Rather than focus on the trends of deregulation or concentrate on a particular area of electric energy, the book deals with transcendent issues and long-term rules and structure of the electric industry. Ferrey explains the three primary areas of change: the technology or “hardware” of the industry, the regulations on the federal level, and the changes at the retail level. No other book summarizes in one volume the regulatory changes and new rules now governing the electric marketplace, post-deregulation. From the professionals in the power business to the members of the college academic sector, Ferrey designed this book to explain the regulations of the new electric marketplace.