Comment Maybe I'm missing something (Score 3, Interesting) 461
But all I see putting the Utilities business model in jeopardy is inept management and political pandering. Rooftop solar and battery storage cannot even begin to compete with efficient central generation and distribution. Utilities however have no incentive to run an efficient organization. For decades that have been drunk on the power of captive rate-payers, with no competitive pressure to be efficient. Rooftop solar and batteries threaten to bring that competition to the game. Modern utilities are so bloated and inefficient that the rooftop solar and battery combination is a threat despite being much less efficient. So yeah, utilities are scared, but not for the reasons, or in the manner the Solar proponents claim, but scared they will have to grow up, and abandon the monopoly model and actually run an efficient business. Competition always frightens the monopolist.