Forum - Why Elon Musk's Batteries Frighten Electric Companies
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Post 110977       December 05 '14 at 09:00 AM
By Soulskill from Slashdot's time-for-some-infrastructure-reliability-investments department:
JoeyRox writes: The publicized goal of Tesla's "gigafactory" is to make electric cars more affordable. However, that benefit may soon be eclipsed by the gigafactory's impact on roof-top solar power storage costs, putting the business model of utilities in peril. "The mortal threat that ever cheaper on-site renewables pose" comes from systems that include storage, said physicist Amory Lovins. "That is an unregulated product you can buy at Home Depot that leaves the old business model with no place to hide."
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Post 110987       December 05 '14 at 12:50 PM
I am 100% okay with obsoleteing the old electric companies. The system feels outdated with how things are moving.