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The sneaky war on rooftop solar
Utilities are striking back at rooftop solar by changing their billing structure. Changed industry conditions call for innovation, not impediments. We previously have written how it is a mistake to think utilities will disappear with the growth of distributed generation. Utility companies could be expected to respond to the challenges to their dominance with the growth of rooftop solar. However, their response to date could best be described as sneaky. In this short note we examine the current utility business model, how this model is being upset by rooftop solar, the rise of fixed charges in your bill, and evidence of this occurring in Australia (as well as overseas). (VIEW LINK)
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Nathan Lim is the Chief Investment Officer at Lonsec Holdings. He is responsible for building and managing Lonsec’s suite of investment solutions, devising strategies for growth and acting as the liaison with the market. Nathan has industry-recognised expertise, having won multiple awards for portfolio management and fund selection in both conventional and Responsible Investment categories.
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