The battery storage revolution will smash EPW's margins. Every consumer of electricity can already effectively sell their own surplus solar energy into the grid at times of peak pricing. The peak electricity pricing market is about to change forever and arbitrage margins will be affected significantly. Get out now while you still can and use your current capital loss to offset the capital gains about to be made by battery tech companies like RFX.
For those hardy souls who believe that business uptake of solar won't happen, I pity your future loss of capital. Businesses who have high daytime energy use can go solar now and payback periods are falling each month. You can have all the billing accuracy in the world, if solar is cheaper and greener, business will soon catch up with residential installs. That equals less customers for EPW and less margins too.
DYOR as always, but the battery storage boom will wipe out energy companies who do nothing to create a smart grid.
Disc: Do not own EPW. Do own RFX.
EPW Price at posting:
$1.47 Sentiment: Sell Disclosure: Not Held
