Thursday, February 27, 2014

Solar plus battery storage could destroy utility business model | Clean Energy Authority

Solar plus batteries could kill utilitiesRooftop solar panels combined with battery storage have very real potential to destroy the reigning grid utility model, according to a study released this week by the Rocky Mountain Institute. And the destruction could happen quickly.

“We weren’t really surprised to see that it could happen,” said Jon Creyts, RMI managing director. “What surprised us is how quickly it could happen. Within 10 years, we could have tens of millions of utility customers who have favorable economics for defecting from the grid.”

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