UTILITIES DISCOVERING SOLAR
How Utilities Are Profiting From Solar Energy; Instead of seeing it as a threat, utilities are finding ways to partner on solar developments.
Travis Hoium, October 24, 2015 (Motley Fool)
“For years, the solar industry has been creeping up behind the electric utility industry. At first, it was a small nuisance that utilities had to deal with but rapid cost cuts and growth made it a threat many utilities could no longer ignore…[Some utilities are now finding ways to profit off residential and commercial-scale solar. The ones that do will pave a path to long-term profit and lower the risk in their business model…Utilities have long bought solar energy from solar projects, but until recently they weren't big buyers of projects themselves. But that's changed recently as utilities see the long-term cash flows and low risk as a model that fits well within a utility…The next solar boom to watch is in community solar. These are projects built around cities that residents can buy electricity from and utilities usually play a major role in their operations. It's like buying power from the solar system…on your roof, except the project is built in a field instead of on a roof…” click here for more