Has the "Death Spiral" for Electric Utilities Started?
image credit: Renewable Energy Institute
- Mar 20, 2019 12:57 pm GMTMar 20, 2019 1:41 am GMT
- 1953 views
Has the "Death Spiral" for Electric Utilities started?
1. Solar Energy Systems and Rooftop PV panels become more efficient & less expensive each year.
2. Each year, increasingly more and more homeowners & building owners install them.
3. This results in lower kWh sales (and revenues) to each respective Electric Utility the year after the
installation of these Solar Energy Systems.
4. The lower revenues causes electric utilities to raise their electric rates at a faster rate.
5. Those electric utility customers remaining are "shocked" by their electric utility bills and install
their own Rooftop PV systems! Utilities begin moth-balling highly-inefficient/polluting "central power
plants." Solar Energy Systems and "Decentralized Energy" / "Distributed Energy Resources" along with
local / community Micro-Grids plus "Non-wires Alternatives" begin expanding at an increasing rate.