Christopher Mims for Quartz:

All this will encourage yet more homeowners, businesses and communities to buy solar panels as power from the grid gets more expensive. You can see where this is going: The EEI says it could become a feedback loop that eventually wrecks the whole US utility industry, or at least greatly diminishes it.

Eventually, people will only be using the grid as a backup, combining ever-cheaper solar panels with ever more affordable batteries to store the power for when the sun isn’t shining. That’s called an energy transition.

The gist is that as solar panels continue to get cheaper, more people will install and use them. This, in turn, will cause the traditional electric companies to jack up rates to offset the decreased usage (they have pay off long-term plant investments). And that, in turn, will cause more people to buy solar panels.

  1. thunderbumpingwonderwaffle reblogged this from janebejanee and added:
    Is it bad that I think this will be a good thing? I think it should be more expensive to use the sillier option. Hello?...
  2. dekadem reblogged this from parislemon
  3. janebejanee reblogged this from itcanbeover
  4. itcanbeover reblogged this from parislemon
  5. warston reblogged this from parislemon and added:
    Yes but electric power companies could restructure and offer solar energy services.
  6. vacuuminaday reblogged this from parislemon
  7. nerdscancook reblogged this from parislemon and added:
    Seems to be strong trend towards this in Australia too. Great news.
  8. kabweza reblogged this from parislemon and added:
    It has always struck me how the national power company’s supply is so irregular and yet so few people in the city...
  9. tylerneilson reblogged this from parislemon
  10. uncannysage reblogged this from parislemon
  11. danielemurphy reblogged this from parislemon
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  13. redheadquarters reblogged this from parislemon and added:
    This needs to happen, now.
  14. more-no reblogged this from parislemon
  15. thenoblepioneer reblogged this from parislemon and added:
    MG
  16. fscte reblogged this from parislemon
  17. joshkerr reblogged this from parislemon and added:
    Interesting take in why solar panels will inevitably become popular.
  18. hrothgar22 reblogged this from parislemon
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