Distributed generation: Devolving power

Distributed generation: Devolving power

There are 1 comment on the The Economist story from Mar 6, 2014, titled Distributed generation: Devolving power. In it, The Economist reports that:

WHO needs the power grid when you can generate and store your own electricity cheaply and reliably? Such a world is drawing nearer: good news for consumers, but a potential shock for utility companies.

Join the discussion below, or Read more at The Economist.


La Quinta, CA

#1 Mar 9, 2014
"But by far the most disruptive new power source is solar panels. Morgan Stanley reckons that if Tesla’s factory provides the cheap batteries it promises, Californian households will be able to run off a solar-plus-storage system costing just $350 a year. Buying electricity off the grid may cost them around $750 a year by then."

$750 a year? Morgan Stanley needs to re-reckon that number. In Northern California, you need to heat your residence to keep it comfortable. In Southern California you need to cool your residence to keep it comfortable. In Southern California $750 a MONTH during the summertime is average, even for homes of around 1,500 square feet. Unless Tesla can get the battery packs down to around $100 per KWh or less per KWh of storage, that $350 a year number with storage is way off. Unless the electric utilities embrace some kind of Voltage to Grid scheme, V2G, keeping the price of electricity down to the 4-5 cents per KWh range, I'm not seeing these prices ever becoming reality.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Stanley Discussions

Title Updated Last By Comments
News Office Depot Inc. (ODP) Cut to "Hold" at Zacks ... Nov '16 U_like_to_know_88 1
News J.C. Penney Didn't Sell Enough Apparel, and Now... Nov '16 Mr X from Wall St 1
News Us Stocks-Wall St climbs on oil, earnings; Inte... Oct '16 SirPrize 2
News Singapore investors to take action against Morg... (Oct '13) Oct '16 Ibu Solimah Di Ma... 36
News Uber and Lyft are demolishing New York City tax... Oct '16 Pak Sabaruddin 1
News Wal-Mart Stores' (WMT) "Outperform" Rating Reit... Aug '16 Charmaine 2
News 'Bad news' for millions of American borrowers Aug '16 Hostis Publicus 1
More from around the web