Reforming our patchwork of rules directing the electric utility industry is essential. The generation and delivery of electricity is as fundamental to our national prosperity as the air we breathe and the water we drink. Most of us rely on electricity from the moment our alarm buzzes in the morning until we turn out the lights to sleep at night. In the case of regulations affecting our natural resources, we have elected to fight back against their degradation through comprehensive federal, state and local environmental laws and regulations that by comparison to energy rules are clear and effective. By contrast, the current legal framework regulating the electric utility industry is a hodgepodge of reactive rules cobbled together in response to periodic developments in the energy industry.