Coal and gas energy providers losing out as Australian businesses go solar
Coal, gas profits suffer as business goes solar BY:MATT CHAMBERS The Australian May 22, 2013 SOLAR power systems are being installed by businesses at triple the rate they were a year ago as a glut of Chinese cells and rising Australian power prices combine to improve solar’s economics and threaten the profits of coal and gas-fired power providers.
Many of the photovoltaic cell systems used by businesses — which mostly need power during the day when solar cells work best — are being installed without major subsidies, the relative economics have improved so much…….(subscribers only) http://www.theaustralian.com.au/business/coal-gas-profits-suffer-as-business-goes-solar/story-e6frg8zx-1226647947538
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