Tag Archives: Electricity

Solar Is Cheaper Than Electricity From the Grid in 42 of 50 Largest U.S. Cities

Solar Is Cheaper Than Electricity From the Grid in 42 of 50 Largest U.S. Cities
Now a new report called Going Solar in America, prepared by the North Carolina Clean Energy Technology Center with the support of the U.S. Department of Energy’s SunShot Initiative, shows how the plummeting costs of going solar could already make it the more economical choice for energy consumers in 42 of the U.S.’s 50 largest cities. It found that in those cities, a fully financed solar system would cost average residential consumers less ... Read more

Electricity’s Un-Natural Monopoly

Electricity’s Un-Natural Monopoly
The 21st century electricity system is radically different. The scale of electricity generation is rapidly shrinking, from coal and nuclear power plants that can power a million homes to solar and wind power plants that power a few to a few hundred nearby homes. Electricity demand has leveled off, so that every unit of new wind and solar power produced for the grid displaces a unit of fossil fuel energy. Batteries and electric vehicles ... Read more

Enron-Style Price Gouging Is Making a Comeback

Enron-Style Price Gouging Is Making a Comeback
The price of electricity would soar under the latest scheme by Wall Street financial engineers to game the electricity markets. If regulators side with Wall Street — and indications are that they will — expect the cost of electricity to rise from Maine to California as others duplicate this scheme to manipulate the markets, as Enron did on the West Coast 14 years ago, before the electricity-trading company collapsed under allegations of ... Read more