Quote:
Originally Posted by dewilson58
Not really.
You should learn about a regulated electric company and how they earn a profit.
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True. .
EV's won't increase the grid assets enough to make a huge difference, but will increase usage. Electric rate is made up of two components recovery on investment of assets, and increased customers/uage
Solar and Wind will decrease the utility cost of generation, but the maintenance of the grid, ie load balancing, transformers, poles and wires, will remain and increase with the price increases of labor and copper, plus its costly to maintain the fossil fuel generation as a backup supply, so the cost of fossil fuel generation over the limited use will cause rates to increase. The rates are based upon Assets, and you can't get rid of the assets due the random nature of wind and solar.
yes, I would still invest in electric utilities, maybe not gas utilities as much. . . but the revenue is not going down. . its all a matter of how often a regulated utility applies for a new rate to cover new costs and new investments.
