Do your friends and neighbors tell you that they get “green” power for their home, leaving you wondering: “How can the juice coming from their outlets really be different from my electricity?” Read on to find whether that’s the case and how green power really works!
Like many relationships, the one between utilities and their customers can be complicated. Sure, they’ve been together for decades, but no longer are customers satisfied with a distant, disengaged power company selling them more and more megawatts.
As the utility business model evolves into one based on diverse energy services, utilities must find ways to prioritize and improve their customer relationships if they hope to thrive in the new energy economy.
Summer is around the corner, and heat waves are known to stretch the power grid to its limits. To avoid the risk of blackouts, grid operators like to have a contingent of electricity consumers that are willing to curtail their usage at the right time … for the right price. This is the motivation behind utility demand response programs. Last year, ClearlyEnergy began tracking these programs to see how much you could earn by making your air conditioner available to the utility on hot summer days.
Competition from new players will drive innovation in the changing electric utility market.
The blogosphere is abuzz with plans to create a new electric utility business model, one that reduces energy costs and pollution. The power company of the future, many experts say, will feature new electricity rate structures that reward efficiency, finance and integrate local, on-site power generation (like rooftop solar), and put more smart meters in the system to help us better understand and control our energy use.
Back in January when Google announced it would spend $3.2 billion to purchase Nest, EDF knew this was a company to watch. The results of three new reports, released today, confirm that controllable thermostats like the Nest Learning Thermostat are both customer-friendly and useful for energy system planners. Moreover, the reports signal that smart devices, such as those Nest manufactures, have potential for generating marked savings for utility customers.
Since 2000, U.S. homes have ballooned in size -- on average becoming 30 percent larger. Yet despite this fact, newer homes only consume 2 percent more energy, according to EIA data. While some of this can be attributed to more homes being built in warmer regions like the South, a lot of it is thanks in part to improved energy efficiency. Find out what inventions helped achieve those gains!
For several years now, the media story has been that fracking’s success increased the supply of natural gas dramatically, bringing down prices. Which in turn begs the question: why is my gas and electric bill skyrocketing and will it go down with the Spring thaw?
It is the subject no one wants to bring up: bathroom habits. Not what you might think, we are talking about how you use energy and water in the bathroom! It turns out, what you do in the bathroom makes a huge difference not only on your water and energy consumption, but also on the size of your utility bills.
For years, low-cost solar-plus-battery systems were seen as a distant possibility at best, a fringe technology not likely to be a threat to mainstream electricity delivery any time soon. By far, the limiting factor has been battery costs. But thanks to a confluence of factors playing out across the energy industry, the reality is that affordable battery storage is coming much sooner than most people realize. That approaching day of cheaper battery storage, when combined with solar PV, has the potential to fundamentally alter the electricity landscape.