Americans Are Buying Less Electricity. That's A Big Problem For Utilities

"The doomsday scenario for utilities goes like this: Solar power keeps getting cheaper and more people start installing panels. In the meantime, overall electricity use grows slowly or stagnates. That means utilities are selling less and less electricity. In order to recoup their costs for things like maintaining the grid, they have to hike rates on their remaining customers. That pushes even more people to install solar panels, hurting sales further. Commence the death spiral." Brad Plumer in The Washington Post

Americans Are Buying Less Electricity. That's A Big Problem For Utilities

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