The Homeowners Power Act
Posted: May 22, 2009 Filed under: Food and it's Impact on Our Health Leave a commentA great post from Breakthrough Institute
Americans shouldn’t have to depend on a single unreliable utility for their power.
This antiquated system of energy generation makes us vulnerable to blackouts and natural disasters. The good news is that the millions of Americans who own their own homes can make, and store, their own electricity. Solar today in many parts of the country is competitive with natural gas at peak hours – the daylight hours when electricity is most in demand. The problem is that the utilities are blocking the American people’s right to make their own electricity and sell it on a free market.
The grid doesn’t belong to the utilities – it belongs to the American people. It was built by our parents and grandparents. Energy utilities must no longer be allowed to stifle entrepreneurialism by blocking Americans from selling their home-generated solar energy onto the grid. We need a Homeowners Power Act that allows home power generators to finance the cost of buying and installing solar panels by borrowing against future earnings from selling home-produced energy, and requires utilities to let homeowners sell the energy they produce onto the grid.
