Abstract

The Electric Power Research Institute, now 10 years old, was formed by the electric utility industry in response to the threat of federal legislation to create a government agency, funded by a 1 percent tax on utility gross revenue, to undertake research and development. Legislation was proposed in the early 1970's by the Senate Commerce Committee as a result of the massive 1965 Northeast blackout and subsequent public criticism. In March 1972, the Senate was persuaded to give the electric utility industry 1 year to establish an industry-managed and supported substitute to the proposal. This article describes the subsequent history and the program today.

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