Customers who save on electric bills could be forced to pay utility company for lost profits • Louisiana Illuminator
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Louisiana utility companies still want to charge customers for the costs of a new energy efficiency program and for the electricity no longer needed due to that program.
  • LughOPMAEnglish
    1·
    3 months ago

    I suspect we are going to see more measures like this. Prices are continually falling for rooftop solar+battery systems, and as every year goes by it becomes feasible for more and more people to generate much of their electricity at home. Climate change will exacerbate the trend too, as home setups are an obvious insurance measure as hurricanes and flooding worsen and degrade national infrastructure.

    In the 2030s & 40s much of today’s fossil fuel infrastructure will become stranded investments that some people will want compensation for. If fully paid for, that bill could run to trillions of dollars globally. Choices will have to be made. Nationalization of some legacy energy companies might make more sense if they can no longer survive in a free market system.