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Gretchen Bakke

Researcher

Jul 7, 2026

13:37
Yeah,
13:37
late 19th century.
13:38
And one of the reasons...
13:40
So it just made sense given the way electricity worked at that time, which was DC power.
13:45
I won't go into the weeds on it.
13:46
But One of the first great struggles with electricity was trying to figure out how to make it into a monopoly.
13:53
Because monopolies were all the rage in the early part of the 20th century, electricity was not a monopoly and could not be made into a monopoly because you can't store it.

26 MINS LATER

39:37
Thank you.
Delaney HallHOST
4:40
Instead, the way most of us interact with electricity is when we get our monthly utility bill.
4:46
So you just get this thing in the mail, and it doesn't seem to relate to anything.
4:51
It's in some sort of unit that you have no idea what it actually means.
4:55
It doesn't seem to matter whatsoever what you turn on and what you turn off.
4:58
It's like going to the grocery store for the whole month and then just getting the bill at the end of the month.
5:03
Did you buy pomegranates, and were they really expensive? You don't even know, right? You don't know why your electricity bill goes up and down.
5:11
So it's illegible in every way.
Delaney HallHOST
5:58
Let's say you're on a coal system.

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