Group 11 element Parkes process. These metals, especially silver, have unusual properties that make them essential for industrial applications outside of their monetary or decorative value. They are all excellent conductors of electricity. The most conductive of all metals are silver, copper and gold in that order. Silver is also the most thermally conductive element, and the most light reflecting element. Silver also has the unusual property that the tarnish that forms on silver is still highly electrically conductive. Copper is used extensively in electrical wiring and circuitry. Gold contacts are sometimes found in precision equipment for their ability to remain corrosion-free. Silver
Electricity sector of the United States the unbundling of vertically integrated utilities in separate entities in charge of electricity generation, electricity transmission, electricity distribution and commercialization. The deregulation of the electricity sector in the U.S. began with the Energy Policy Act of 1992 which removed obstacles for wholesale competition. In practice, however, regulation has been unevenly introduced between states. It began in earnest only from 1996 onwards when the Federal Energy Regulatory Commission issued orders that required utilities to provide transmission services "on a reasonable and non-discriminatory basis". In some states, such as in California, private utilities were required to sell some of their power plants