The electric utility industry became a target for deregulation when

Question

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Technological advances, such as the ability to generate power using renewable sources like wind and solar, decreased the need for large, centralized power plants and created opportunities for smaller companies to compete. This eroded the traditional monopoly held by local utility companies and made deregulation a viable option. The decline in nuclear power plant construction costs and the monopolistic behavior of local utility companies may have also played a role, but they were not the primary drivers of deregulation in the electric utility industry.

The Electric Utility Industry Became a Target for Deregulation When