Chapter 3, examines the historical roots of the current conflict over the electricity system. Electric utilities have long held a privileged position in energy policy, controlling state regulatory bodies for most of the twentieth century. Early regulatory decisions surrounding electricity ownership and pricing structures paved the way for contemporary conflicts over renewable energy policies. Notably, utilities used their power to shape policy and technology to their advantage in three ways: they resisted innovation, they shaped the rate structure in ways that exacerbated environmental harms, and they denied the climate crisis and other environmental problems. Taking a historical view, we can see that the electricity system developed the way it did—with large, fossil fuel plants and expensive, privately owned, and poorly maintained electric grids—because it served the interests of these powerful private utilities. This chapter shows how utilities’ delay and denial have undermined progress on climate change.