I've been in power nearly 4 years (a very small time compared to others on this board), and I'm continually frustrated with the direction the utilities in the upper midwest are headed. And they all seem to have the same philosphy. My wife and I both grew up in state here and prefer to stay nearby (ND, MT, SD, MN) area. That being said, the field is very interesting (in my opinion) and I feel has a lot of "engineering potential" but around here nothing is based on engineering, all financials. We all learn in Engineering Econ that the cost always weighs on a project, design, whatever. But when design is constantly thrown out by managment in favor of "Do it the cheapest"" that is a little bit disheartening to an engineer who wants his system and designs to survive and be working well for the next 30-50 years. pretty hard to pay off a distribution substation in 5-7 years like the financial guys want to, but on the long term a new substation gets you a lot farther than pushing the system to the nuts.
Just my opinion. Perhaps thats the prevailing attitude in every corner of the engineering universe. I sure hope not.