GREY:CRIUF - Post by User
Post by
synectixon Jan 19, 2016 7:41am
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Post# 24471213
Decline in share price....Utilities vs Solar
Decline in share price....Utilities vs SolarThere is a looming battle shaping up between public utilities who realize the consequences to their bottom line as the solar industry gains momentum. The current situation playing out in Nevada is likely part of a larger problem for the widespread commercial success of solar. Until the viability of the business model for solar is established(it would appear on a state by state level) the surge in solar will likely be muted. The 2 articles below outline the present issues.
https://www.bloomberg.com/news/articles/2015-12-22/buffett-s-utility-scores-win-against-musk-s-solarcity-on-credits
https://ecowatch.com/2016/01/14/solar-energy-nevada/