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Open original source ↗The marginal cost of energy is going to zero. This is bad for utilities and great for homeowners who have solar + storage.
It’s also great for businesses who feed this entire supply chain.
The amount of bottoms-up energy production from homeowners will shock people in its scale. America will have 100M utilities over the next 25 years.
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Texas hit a July demand record and prices *peaked* at just $0.06/kWh. Gas was flat because solar and batteries carried the entire peak. Tons of spare capacity. New York needs to copy Texas. https://t.co/uYK8qbHCj1
JessePeltan ↗