Could Solar Kill PG&E?
A blog on the Energy Collective quotes Lyndon Rive, CEO of SolarCity: â€śWeâ€™re an energy company. We install solar systems for free, and we sell the electricity at a lower rate than you can buy it from the utility. So given the option of paying more for dirty power or paying less for clean power, what would you take?â€ť
The blog goes on the postulate that Pacific Gas and Electric (PG&E), which serves most of northern California, is being threatened by solar installations because of price competition and the utilityâ€™s inability to respond to a changed competitive landscape.
Read more at Energy Manager Today.
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