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Batteries combined with rooftop solar may speed grid's 'death spiral' -- report http://apocadocs.com/s.pl?1393891766
A new study estimates that cheap batteries paired with rooftop solar panels is a new sort of threat to the traditional utility business model, hastening the day when on-site power is cheaper than grid power and utilities struggle to pay off the power plants and transmission lines they've already bought.
By as soon as 2020, the report asserts, tens of millions of businesses and homeowners in California and New York may be able to combine solar panels, batteries and sometimes a backup diesel generator to get local electricity cheaper than that from the grid. Much of the rest of the country may be able to do the same by the 2030s, it states.
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