By David Fessler For nearly a century, utilities have generated electricity from huge, centralized fossil fuel-fired power plants. This electricity is sent to users over large transmission grids.
This system works, but it has its limitations.
For instance, there’s often only one provider. If you want power, you’ll have to pay its going rate, whatever that may be.
And the power keeps getting more expensive. The cost of utility electricity has gone up 3% annually. It’s done so for the last 15 years.
Utility electricity is also unreliable. If the plant or the lines go down, that’s it – there’s no power.
Even as I write this, my …read more
