Coming Soon To A Roof Near You: Electricity Too Cheap To Meter | Energy Central

Nov 01, 2024

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Barry Cinnamon heads up Cinnamon Energy Systesms (a San Jose CA residential and commercial solar and energy storage contractor) and Spice Solar (suppliers of built-in solar racking technology)....

Nuclear power will make electricity too cheap to meter,” a prediction made in a 1954 statement from the head of the Atomic Energy Commission. 70 years later I’m predicting that electricity will be almost free, but powered from that fusion generator 93 million miles away. Sounds crazy, but rooftop solar is already generating power for $0.06/kwh — compared to our average rates here in California of $0.45/kwh.

As rooftop solar costs continue to decline and grid electricity costs continue to increase, we need to prepare for three traumatic energy industry changes:

1. Gasoline demand will plummet as EVs dominate road transportation.

2. Natural gas demand will decline steadily as heat pumps dominate space heating and solar dominates power generation.

3. The utility business model will collapse as technological changes (solar and batteries) turn the electric grid upside down.

Please listen to this week’s Energy Show as we dive into the capital costs, operating costs, ownership arrangements and timing for the four most common types of power plants. The results make it clear why utilities are trying so hard to stop the growth of rooftop solar and storage.

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PLMA Presents: Power Knowledge, Demystified in 5 mins, a weekly 5-minute clip of global energy industry highlights with Energy Expert and Author Peter Kelly-Detwiler.

To modernize infrastructure or optimize for reliability—that's the question utility leaders like Frank Reynolds, President and CEO of United Illuminating, are facing on a daily basis. The need to transition to cleaner energy sources and address..

Climate change will continue to intensify through the current century, and probably well beyond even if we are reasonably successful at mitigating its causes.

The Sierra Club has published its 2024 analysis of how well utilities are doing in meeting their climate pledges. Check out today's post to see why the report is counterproductive to achieving the organization's own goals.

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