Repost from Energy Manager Today by Linda Hardesty | May 24, 2013
PG & E (Pacific Gas and Electricity ) at Northern California is being threatened by solar companies like SunRun (which leases solar PV) Solar City, Sungevity, and Verengo. The Central Utility business model is being threatened by rooftop solar panels
PG & E residential rates is now at 31 cents (about P12.00 at parity with PHL rates) and could reach 54 cents by 2022 (about P20.00) or double the current rates. LCOE for solar is about 10 to 12 cents over for the next 25 years. Thus more and more residential customers shift to solar. 40% of the total customers of utilities are residential.
The utilities could fight net metering or make solar power sold through grid by subtracting these from the net metering.
Utilites are ill equipped or shackled by utility laws which were meant to protect them. As more people shift to solar, they have no choice but to raise prices on remaining customers which forces more people to shift to solar energy
Is this happening in the PHL?
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