How Regulations Evolved Electric Transmission Grid Timeline 1900: Early 1900's: Investor owned and public utilities acquire right-of-way and construct first transmission lines. Late 1920's: Federal government assumes jurisdiction over transmission lines crossing overstate boundaries. 1935: Congress expands authority of Federal Power Commission and limits where utilities can operate and expand. 1960's: First regional interconnects created after the massive November 1965 Northeast blackout. 1977: A blackout in New York City forced new standards of reliability on grid operations. 1978: Independent power producers given access to the grid 1992: Congress deregulates the wholesale power generation system, opening up competition among electricity producers. Requires transmission owners to allow use of the grid at fair prices to these wholesale power producers.