Electricity costs in the US hit record highs this year as utilities invest in aging transmission infrastructure, demand surges from AI data centers, and electrification increases. Experts warn that rising energy prices could become one of the defining issues of our time
Aspen Power CEO Jorge Vargas shared with the Financial Times that higher prices may boost distributed solar as a way to mitigate rising costs. Community solar projects provide a hedge against volatility, giving businesses and the surrounding communities more long-term cost stability.
Read more here: https://www.ft.com/content/1beda7e0-afad-4bdc-9a06-17958c7fcd9e