(OilPrice) Declining costs of solar power are making off-grid energy systems increasingly viable, getting closer to grid-parity with conventional sources of power from the electrical grid. Meanwhile, costs for big utilities are not declining, and as they begin to lose customers, their revenues will drop. According to a report from investment bank Morgan Stanley, solar systems with battery technology that allow consumers to leave the grid entirely will not only be able to compete with on-grid power, but the market may reach a tipping point at which people leave the grid at an accelerating rate.
