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This book discusses the role electricity plays in sustaining and improving the quality of life. The author elucidates the numerous approaches to estimating value including electricitys contribution toward the U.S. Gross Domestic Product its role in medicine, and its ability to power communications. Traditional measures such the cost of outages, the impact of storms, the cost of restoring power systems after storms, the Value of Lost Load VOLL, consumer Willingness to Pay WTP to avoid outages and consumer surveys are covered extensively. In addition, the book speculates on life without electricity and how society may have evolved