Comment Re:Are they really that scared? (Score 2) 461
Why does adjusting the reimbursement structure to match a changing market indicate fear? There is plenty of evidence that the market is changing and that residential renewables are a factor. But that is not evidence of "fear". Are there challenges? Of course. The term "fear" is used for the sole purpose of feeding a certain set of extreme greens exactly what they want to hear.
I disagree. Back to your OP where you asked for evidence they are "scared;" which I took in the common business usage of " seriously worried a business model is about to be Schumpetered" than the "OMG I just pissed my pants in the haunted house..." Having spent a significant time in the electric utility industry I can say electric utility are very protective of their turf and afraid of technologies that risk them losing customers, i.e. load. They want, via regulation or legislation, to either co-opt competitors so they can control them or limit their access to their customers. Solar and battery technology has the potential to seriously change their load profiles and result in a lot of expensive investments generating a much smaller return than expected. Even worse, it can result in them having to pay a lot of customers for power rather than simply selling them it. When it's a handful of people they basically ignore it, but when the technology has the potential to turn a significant percentage of their non-industrial customers into independent power producers, yes, they are scared. They may not be pissing into their collective pants but they are hearing the words of a dead Austrian economist and he is scaring them.