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There are also many utilities owned by US cities. Some of the biggest, like the Los Angeles Department of Water and Power, own significant generating capacity, and have strong technical reputations. During the California power crisis a few years ago, Los Angeles was did not have any blackouts, because of its independent generating plants.
One reason that the US has experienced large blackouts is that the utilities are not investing in spare generating capacity or transmission lines. Deregulation has forced them to deliver short term financial results at the expense of long term planning.
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