27 Dec '17, 2pm

In Germany, neighborhood solar starts to eat away at utility revenue

John Voelcker Dec 27, 2017 Follow John Add to circle Photovoltaic solar power field at Volkswagen plant in Chattanooga, Tennessee Enlarge Photo Five years ago, an electric-utility think tank issued a dire warning to its members: Your century-old business model is ending. The continually falling costs of renewable energy generation, especially solar panels, would begin to erode utilities' business from its most profitable customers, the study said. Now, in Germany—hardly known for its continual, blazing sunshine—utilities are starting to see the impact. DON'T MISS: Will Solar Destroy Electric Utilities' Business Model? Yes, They Say (May 2013) There, a network of about 20,000 homes with solar panels and energy-storage batteries lets its members buy and sell excess energy to each other. They do so, moreover, at rates below those charged by their utility, according to a recen...

Full article: https://www.greencarreports.com/news/1114468_in-germany-n...

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