Energy Quote of the Day: ‘Utilities Seem to Have Concrete Shoes On’
By Edward Dodge
Electric
power utilities are facing growing financial pressures as traditional
power usage evolves through a combination of increased use of renewable
power, system efficiencies, and anemic demand. Since 2004, average
residential electric prices have risen 39% to 12.5 cents per kilowatt
hour, while sales remain lower than they were in 2007 before the
recession. If
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