What's your electric bill this month -- $200? $250? More? I have foolishly let "Big Energy" sell me electricity and my monthly bill is higher than the GNP of France.
Wake up any tech CEO in the middle of the night and ask what his or her fondest wish would be, and the answer would be "a monopoly." For the longest time, IBM, Microsoft, Intel, Oracle, and Cisco had near monopolies, and their CEOs slept well at night. The greatest advantage: You can make mistakes, be late to market, have quality problems, and still own your market.Read More
Rooftop solar power is booming. And as more and more consumers discover that prices for solar power are falling, they're slapping panels on their roofs and buying less energy from the power companies.Read More
U.S. Energy Secretary Ernest Moniz, who trained as a nuclear physicist, believes that the price of solar and wind power have fallen so dramatically that the market for them can now grow without subsidies. Moniz told reporters that the Obama administration supports Congress' extension of renewable energy tax credits, but "I certainly see solar growing" even "without subsidy" and the cost reductions have "been incredible" for the solar industry, making for an improved "value proposition ... in many contexts."Read More