this post was submitted on 07 Feb 2025
51 points (100.0% liked)
Green Energy
2472 readers
205 users here now
Everything about energy production and storage.
Related communities:
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
They’d better figure out a new business model. Solar and back up batteries aren’t going anywhere.
Definitely, they're currently at the start of a death spiral... People move to renewable energy, so they raise rates, causing more people to move to renewable energy.
It's not a tenable plan for much longer. Same plan as for cable television.
People cut the cord, which causes rates to go up for existing customers, which causes more people to cut the cord.
There's incentive to move to solar and batteries to avoid the rate increases due to solar installations reducing billable power delivery.