Utility Accountability 101: How Do Utilities Make Money?
- Jan 24, 2021 3:07 am GMT
Written By: J.C. Kibbey
The way we generate and use electricity is changing fast. The transition in how we generate electricity is being driven in large part by the growing share of increasingly cheap renewable energy. Compared to twenty years ago, the U.S. generates 66 times more wind energy and 144 times more solar energy.
New technologies are also radically changing the way we use power: electric vehicles, energy storage, super-efficient electric heating and cooling systems, and software that can manage energy use in real time. These technologies can not only save us money and make us more comfortable; they’re also cleaner. To avoid catastrophic climate change, we need to scale them up as quickly as possible. That means changing the way we think about the system that gets electricity from the place it's generated to the plug in your home: the electric grid, or simply "the grid."
No discussions yet. Start a discussion below.
Get Published - Build a Following
The Energy Central Power Industry Network is based on one core idea - power industry professionals helping each other and advancing the industry by sharing and learning from each other.
If you have an experience or insight to share or have learned something from a conference or seminar, your peers and colleagues on Energy Central want to hear about it. It's also easy to share a link to an article you've liked or an industry resource that you think would be helpful.