Submitted by Chris_ChargedEV t3_znnd4p in Futurology
perrochon t1_j0lm60n wrote
Reply to comment by Kvenner001 in Here’s why Big Oil companies are investing billions in EV charging by Chris_ChargedEV
How do they price out solar on a home?
Those outsized profit margins will suffer. They still will continue to profit from the hardcore ICE drivers who never drive electric, but those will die out.
They control oil, tankers, and raffineries, but they cannot control electricity. Neither can utilities, really.
There will be other large corporations though. Utilities want to be the new oil, of course.
But it's up to the people to steer this. Home solar is under attak on California. And heavily regulated in Florida, too.
Kvenner001 t1_j0lsjc5 wrote
They’ll bribe the government into stating that the power company owns the panels on the homes. That’s what FPL has been working towards for the last three years.
They’ll find ways. They spent the last 100 years working systems into there favor. They aren’t just going to go away because the resources changed. They’ll bribe, buyout and coheres there way into maintaining power.
perrochon t1_j0m8o06 wrote
Yes, Floridians get what they voted for. I doubt FPL actually has to bribe anyone to get what they want.
Californians, surprisingly, are about to get a raw deal, too. It boggles the mind how PGE and CPUC can hurt consumers.
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