The death of the Utility Co., as predicted by the Utility Co.s
…and summarized by me into this handy chart
Full report here, published by the Edison Electric Institute, the association of investor-owned electric utilities in the U.S.
…and summarized by me into this handy chart
Full report here, published by the Edison Electric Institute, the association of investor-owned electric utilities in the U.S.
When you have a large number of customers with large roof areas consuming high volumes of electricity and paying steep prices for that electricity, you have a market that is primed for PV.
Consider this of California,
All these factors make California an attractive market for Commercial PV. Not surprisingly, the state accounted for nearly 40% of all Non-Residential PV...
Electricity losses from generation, transmission and distribution represent 50% of all energy used in the residential sector.
While making the case for direct use natural gas, this chart also inadvertently makes the case for distributed power generation.
Source: American Gas Association
Conventional demand curves slope downward – when the price of something decreases, the quantity demanded increases. The electricity demand curve however, goes the other way. The thing is, it does not have to be that way. If you can change the direction of a consumer’s electricity demand curve, you create an economic opportunity for that consumer. Understanding this curve therefore is key to disrupting the electricity market.
So why does electricity demand slope upward?
A few reasons.
First, electricity is dispatched based on the lowest marginal cost i.e., the cheapest power gets produced and sent out to the grid first. This is because every extra unit of power requires resources that are increasingly expensive. Coal-powered electricity goes first, then hydro, nuclear, gas and so on. So, as consumers use more power, they are buying increasingly more expensive power.
Second...