[font face=Serif][font size=5]Utility Company Dirty Tactics Exposed In Attempt To Block Residential Solar[/font]

MENAFN Press - 12/12/2014

[font size=3](MENAFN Press) December 11 2014) Las Vegas NevadaDecember 10 2014) Los Vegas NV – Do utility companies really have to worry about the intrusion of solar energy into their bottom line? Currently Solar energy provides three-tenths of 1 percent of the total energy consumed in the United States. While the amount of solar electricity capacity in the US has increased in recent years it still only accounts for 0.2% of net utility-scale electricity generated in the United States.

Many utilities who feel threatened by this minor dent in their revenues only see the financial damage increasing and permanent. According to Travis Hoium of The Motely Fool 'Solar industry growth could easily exceed 20% for the next decade and the companies who can gain market share could become some of the largest energy companies in the world.'

While sunny states such as Nevada have been early adopters of solar consumers in states like Wisconsin are also under attack by companies who are using regulations misinformation and dirty lobbying tactics to retain their financial foothold.

Wisconsin's utility companies want to raise fixed monthly energy costs for bill payers to offset their revenue loss. Many 'net metering' agreements for consumers who install solar pay consumers for unused solar power. Not only are fossil fuel-based utilities losing revenue from solar households but they must also pay them for energy purchased from the consumer.

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