Samuel Insull
Middle West Utilities Company
1912 - 1932
Utilities & Energy
b. 1859
| Personal | |
|---|---|
| Born-Died | 1859 - 1938 |
| Birthplace | England |
| Race | White |
| Father | Non-Profit / Other |
Insull centralized utility delivery and created a new business model called customer ownership, or people’s capitalism. This utility delivery approach rapidly spread throughout the country during the 1920s and had a profound impact on the structure of American business. By 1930, Insull’s utilities produced one-tenth of the nation’s electricity, serving 5,000 communities in 32 states.