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The next generation utility business model — what you need to know

The next generation utility business model — what you need to know

May 11, 2017

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The utility industry is one that prizes stability.

Throughout the 20th century, reliable load growth and monopoly status allowed utilities to electrify the entire nation, while providing returns to shareholders.

But as power demand slows and consumers adopt more distributed resources, the industry agrees a change is needed.

In our recent 2017 sector survey, only 5% of utility professionals said their business model does not need to evolve, while 90% said they are exploring new business opportunities around DERs.

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