[Ok-sus] Downgrade for electric utilities credit looms?
bob at bobwaldrop.net
Mon Jun 2 02:09:35 UTC 2014
Financial system behemoth Barclays has downgraded the entire US electric
utility bonds. They say solar plus onsite storage will become
increasingly competitive with grid distributed electricity, and the
prices of the bonds aren't factoring in this possible competition. Read
both articles to get a good grip on what the financial industry sees
coming at the electric utility industry.
NOW we now why OGE et al were so quick to get legislation passed to
discourage homeowner use of solar power.
Bob Waldrop, OKC
http://www.ipermie.net How to permaculture your urban lifestyle and adapt to the realities of peak oil, economic irrationality, political criminality, and peak oil.
More information about the Ok-sus