The topic of this paper is located in that particular field of studies that
over the past decade have had as their object the Italian electricity industry,
that of municipal power companies. This strategic sector of the public
company has operated since the early '900, in strong competition with
The issue of municipalization had long been the center of the debate
that has developed around the journal Social Reform, directed by Luigi
Einaudi, between 1900 and 1918, and between this and other important
business journals of the time.
These companies have performed in many cities of Central and Northern
Italy, such as Roma, Milano and Torino, an important economic and
social function, no less evident in the newly industrialized Terni in the
early twentieth century.
In this study detailed emphasis is placed, in addition to the central
theme, more strictly business and management related, on the relationship
between the public company, the complex system of large industries that
had settled in the area and the existing electrical system, as well as on legal
issues and regulations, investment policy and tariffs.
For documentary research, it was possible to analyze unpublished documents
from the rich collection of the Historical Archive of the City of
Terni, for a period that goes from establishment of the company in 1905,
to its transformation in 1927.