It’s Time for Electric Companies to Pivot
In the face of stagnant electricity consumption for utilities, the Rocky Mountain Institute recently released a report that provides pointers to electric utilities for growth. The future, as most players in the utility industry must have guessed, is a decentralized one with distributed energy resources (DERs) being the key to power generation and distribution. So where does that leave electric utilities? They will be responsible for "platform development and expanded offerings". Green Mountain in Vermont is held up as an example as is Con Edison in New York, a state that has already offered substantial incentives to renewable energy developers and microgrids.
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