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Rodent

Changing the Way We Do Solar

Rodent in Renewables

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Rodent    + 1,424

Rodent

Solar power may be getting cheaper to produce, but does that mean it's cheaper to buy?

https://www.bloomberg.com/news/articles/2018-04-03/california-utilities-want-wealthy-defectors-to-pay-up-for-power

In a nutshell: power companies bought solar power under long-term contract. But now that solar power costs are falling, power companies are unable to offer these lower prices to their customers because they are locked into paying higher rates for it themselves. Result? Customers start to bail as they search for lower prices. Other customers who haven't switched are left holding the bag. 

Unsustainable business practice, or just the normal market progress at work?

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