23 May '15, 3pm

Utilities Couldn't Kill Distributed Solar, So Now They're Co-Opting The Business Model via @linkonomics_com

Utilities Couldn't Kill Distributed Solar, So Now They're Co-Opting The Business Model via @linkonomics_com

Utilities' motives may be questionable, but the economics aren't. The traditional electric utility business model is no longer viable over the long term. As more people are generating their own energy and a push for greater efficiency lowers the amount of energy being cosumed overall, utilities are selling less. Meanwhile, they still have to maintain the electric grid and the rest of their aging infrastructure, even as stricter emissions regulations push outdated power plants offline and measures to combat climate change, like President Obama's Climate Action Plan , which will force dirty power plants to rein in their global warming emissions, threaten their bottom line as well. A particular point of contention is “net metering” laws, which have been adopted in 43 states , usually over the objection of local energy providers because that means that owners of solar-equipped...

Full article: http://www.desmogblog.com/2014/11/03/utilities-couldn-t-k...

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