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#follow The Money: The Grid
Views: 535
Oct 05 2017 01:05 PM | eds in Economy & Politics
Problem: While electricity consumption may be going down,
. . . the price of everything we use to generate that electricity is going up.
. . . For the industry:
. . . . . . energy consumption is a revenue source,
. . . . . . while generation is a cost.
. . . . . . See the problem?
Utilities, have operated in a:
. . . . . . stagnant,
. . . . . . monopolized market,
. . . where little effort had to be made to:
. . . . . . get,
. . . . . . retain, or
. . . . . . market to customers.
Regulation also meant that utility companies,
. . . were not incentivized to innovate their product,
. . . or pair it with continually updated, and relevant services.
It was essentially, a solely “wires and poles” business,
But, what Uber, did to the transport industry,
. . . Tesla, could do to utilities today.
10-5-2017 Source: #Follow the Money: The Grid
. . . the price of everything we use to generate that electricity is going up.
. . . For the industry:
. . . . . . energy consumption is a revenue source,
. . . . . . while generation is a cost.
. . . . . . See the problem?
Utilities, have operated in a:
. . . . . . stagnant,
. . . . . . monopolized market,
. . . where little effort had to be made to:
. . . . . . get,
. . . . . . retain, or
. . . . . . market to customers.
Regulation also meant that utility companies,
. . . were not incentivized to innovate their product,
. . . or pair it with continually updated, and relevant services.
It was essentially, a solely “wires and poles” business,
But, what Uber, did to the transport industry,
. . . Tesla, could do to utilities today.
10-5-2017 Source: #Follow the Money: The Grid