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kpete

(72,898 posts) Sun May 5, 2013, 10:33 AM May 2013

6

Duke Energy CEO Jim Rogers said, 'If the cost of solar panels keeps coming down, installation costs come down and if they combine solar with battery technology and a power management system, then we have someone just using (the grid) for backup.' What happens if a whole bunch of customers start generating their own power and using the grid merely as backup? The EEI report warns of 'irreparable damages to revenues and growth prospects' of utilities.

http://grist.org/climate-energy/solar-panels-could-destroy-u-s-utilities-according-to-u-s-utilities/
http://avedoncarol.blogspot.com/2013/05/i-think-youll-understand.html

12 replies

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The 'backup' grid will then become very, very expensive to use... Ruby the Liberal May 2013 #1

Yeah dude, Turbineguy May 2013 #2

Oh, Boo Hoo! supernova May 2013 #3

Help the Solar industry, Damage Electitic Utlitlies Buy Solar Stocks Katashi_itto May 2013 #4

I bet the kerosene lamp people were upset with the light bulb too. hobbit709 May 2013 #5

But if solar users are dependent upon the grid Yo_Mama May 2013 #6

horse carriage maker decries newfangled "automobile" elehhhhna May 2013 #7

Public utilities should be publicly owned. MineralMan May 2013 #8

screw duke energy onethatcares May 2013 #9

Seen Europe lately? Half-Century Man May 2013 #10

GOOD! silverweb May 2013 #11