On Mon, May 9, 2016 at 9:17 AM, Bob Higgins <[email protected]> wrote:
If you are building a new system, based on each home having renewable > energy and needing less grid power, the infrastructure can be much smaller > and cheaper. But this does not help the power companies that have already > made the big investment in delivering lots of power to your home. This is > why there is a war between the power companies and those promoting and > using such distributed power systems. The war will last over 20 years and > we are far from seeing the worst of it. Many big utility companies will go > out of business before it is done. Some utility bonds will fail. > And, if your earlier point turns out to be true, there will be a disproportionate impact on lower income people who are unable to afford the cost of switching to such distributed power systems. I suppose governments will step in if things get usurious. Eric
