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It's obviously speculative. Both battery tech and methods of local power generation technology is improving. At some point one can imagine a tipping point tha
by ownagefool 14y ago
It's obviously speculative. Both battery tech and methods of local power generation technology is improving. At some point one can imagine a tipping point that it'll become a worthwhile investment for those that aren't super rich. The assumption is the utility companies will act to protect their levels of revenue and raise prices to compensate. This will result in more people investing in solutions. Rince and repeat until your utlility companies are getting bailouts.
- snowwindwaves 14y agoThere are many different regulatory environments, but the utility I worked at, where I wrote programs to calculate the hourly price of electricity, the utility made zero dollars from usage by residential customers. Residential customers payed a fixed rate to be connected, and every penny the utility collected for energy was remitted to the market operator. The utility also made no money on energy by large users, but they were billed based on their own hourly use and the hourly price, and some also would have had demand charges.
- chii 14y agoso where does the utility make their money?!
- sammyo 14y agoMonetary float.
- snowwindwaves 14y agoThey made money on the regulated connection fee.