The electric power industry is the generation, transmission, distribution and sale of electric power to the general public. The electrical industry started with introduction of electric lighting in 1882. Throughout the 1880s and 1890s, growing economic and safety concerns lead to the regulation of the industry. Once an expensive novelty limited to the most densely populated areas, reliable and economical electric power has become a requirement for normal operation of all elements of developed economies.
By the middle of the 20th century, electric power was seen as a "natural monopoly", only efficient if a restricted number of organizations participated in the market; in some areas, vertically-integrated companies provides all stages from generation to retail, and only governmental supervision regulated the rate of return and cost structure.
Since the 1990s, many regions have opened up the generation and distribution of electric power to provide a more competitive electricity market. While such markets can be abusively manipulated with consequent adverse price and reliability impact to consumers, generally competitive production of electrical energy leads to worthwhile improvements in efficiency. However, transmission and distribution are harder problems since returns on investment are not as easy to find.
Where to quickly find professional help?
Very often, when a sudden accident involving electricity we want to find a quick solution to the problem. If you then use a computer or other mobile device that can operate without being connected to the power supply, we can find help on the Internet. Many electricians announces via the Internet and we can do there a real understanding among offers electrical services. It turns out that thanks to the virtual network, you can often find cheaper electrical services in the vicinity than using, for example, with the help of neighbors in this regard. On the other hand, cheaper does not mean better, and looking for an electrician on the Internet need to be careful.
An electrician is a tradesperson specializing in electrical wiring of buildings, stationary machines. and related equipment. Electricians may be employed in the installation of new electrical components or the maintenance and repair of existing electrical infrastructure. Electricians may also specialize in wiring ships, airplanes, and other mobile platforms, as well as data and cable.
Many jurisdictions have regulatory restrictions concerning electrical work for safety reasons due to the many hazards of working with electricity. Such requirements may be testing, registration or licensing. Licensing requirements vary between jurisdictions.