TAG: grid-independence

Solar Panels Will Soon Make Utilities Obsolete

solar-panel

In a report released last January, the Edison Electric Institute heralds in relatively blatant terms a great success in renewable energy – and the impending death of utility companies. The news comes as utilities face the risk of losing customers to renewables due to rate reductions and technological innovation. Utilities have remained predominantly unchanged for the better part of a century, with no real competition. As such, the growing prosperity of renewable sources may find them ill-equipped to concoct a plan for battling their losses. Instead, it appears they’ll dedicate time to preserving the ‘integrity’ of their image and product…. read more