RK

Electric Stimulus Crunch? Generating Utilities May See 10% Revenue Declines

If demand for conventional energy falls, coal and natural gas prices will fall, which makes alternative relatively more expensive. Not sure where the price equilibrium is, but I would not say electric utilities are in trouble, yet.

Also, state subsidy for solar will certainly be less generous given their tight budget. I doubt CA can afford any solar subsidy in the next 2 years given their $41B budget gap.