Jennifer Hiller of The Wall Street Journal reports on the growing number of Americans who are producing their own power.
- Driven by grid reliability concerns and the falling cost of renewables, Americans are beginning to produce their own power.
- Over the past 20 years there has been a 10-fold increase in installed backup generators in homes valued at $150,000 or more.
- This shift in energy production has been largely beneficial for consumers and the environment.
- By reducing barriers to entry and increasing competition state regulators can further the deployment of microgrids.
“After a winter storm knocked out power to most of Texas last February, home solar company Sunrun Inc. said traffic to its website spiked 350%. In California, the company said orders for solar paired with battery storage rose following devastating wildfires and policies by utilities such as PG&E Corp. to shut off electricity in certain areas during high winds to reduce the risk that downed power lines could spark fires.”
Read the full article here.
The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.
