"Just the other day, Duke Energy CEO Jim Rogers said, 'If the cost of solar panels keeps coming down, installation costs come down and if they combine solar with battery technology and a power management system, then we have someone just using [the grid] for backup.' What happens if a whole bunch of customers start generating their own power and using the grid merely as backup? The EEI report warns of 'irreparable damages to revenues and growth prospects' of utilities."
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