A Financial History Of The Philadelphia Electric Company

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Excerpt from A Financial History of the Philadelphia Electric CompanyWhen the Philadelphia Electric Company was incorporated in 1899 it was over-capitalized to the extent of at least Because of this Philadelphia and its citizens have been paying each year for electricity nearly $1,000,000more than would other wise have been necessary. -having absolute control of the busi ness of furnishing electric current there was nothing to restrain the company from placing its charges at the point which it was thought would yield the maximum net returns.


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About the Book Economic history involves the study of economies or economic phenomena rooted in the past. Economic history analysis is undertaken using a number of historical methods, statistical methods and require the application of economic theory to historical situations and institutions. Topics include financial and business history, which overlap with areas of social history such as demography and labor history.

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