Elon Musk's Solar City is rattling fossil fuel power producers

Warren Buffet is a billionaire philanthropist. He is one of the few billionaires, like Elon Musk and Bill Gates who exemplify the concept–that with great wealth or power comes great responsibility. When rich people are humbled by their own wealth and see the need to use the resources to be of help to the community that rich person becomes a boon to their society. Warren Buffet is such a person. Unfortunately he doesn't give a hoot about climate change. His coal fired power company that supplies Nevada has moved to edge out Solar City's innovative and popular solar panel lease that has made installing home roof top PV panels a synch. People were happy and were saving a bundle because green power was reducing their power bills by a whooping 80-90%.

GO GREEN! Right.....with the exception of the power plant which in the beginning was cooperative with the power sharing plan. Warren Buffet who owns the power plant started throwing his weight around in Nevada to charge tariffs on solar producers for using their grid. The state agreed with him and the new rates make it impossible for home solar producers to hold on to their savings. Overnight from making money they started losing money with solar panels.

In this instance it seems for now the coal power monopoly has won but it underscores some victories for green power. First of all that green power is viable to set up financially and if the political environment is friendly consumers gain far more than using fossil fuel power. In other words going green has been conclusively proven to be cheaper than fossil fuels. Secondly this news heralds what I call the Green Power Revolution. The Green Power Revolution puts the ability to produce electricity in the hands of the consumer. This spells trouble for power producers who are unable to compete with green power, thus the revolution. This scenario in Nevada is a representation of the revolution initiating. It is the beginning of the end of fossil fuel power plants in places where solar power is viable. In time it will spread to the rest of the world–hopefully it won't take so much time.