—by John Vincent, former Montana Public Service Commissioner America’s utility industry, “Big Power,” is, by their own admission, scared. Made up of large corporations with huge and profitable investments in centralized generation and long distance, high voltage transmission (profits mostly guaranteed by monopoly status and government regulation), they are facing what their own industry calls…
Tag: new energy paradigm
Energy Efficiency and Small-Scale Solar Power Threaten Utilities’ Bottom Lines
Power company revenue is under siege by energy efficiency and small-scale solar power, says a Fitch ratings analyst. Rooftop solar power and energy-efficiency programs will eat into utility revenue and profit margins and discourage investment in new transmission projects within five years, a Fitch Ratings analyst said. Utilities in stagnant or low-growth markets in the…