Hartford Business Journal Special Editions

CT Green Guide Winter 2014

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CL&P and UI play a major role in renewables, but technological advances have threatened their business models By Norman Bell D isruptive technology has become a fact of life in business. When technology changed the way we watched TV and listened to music, Hollywood sued and then adjusted its business model. When mobile phones reshaped the market, phone companies complained to regulators, shed a lot of jobs, and adjusted their business model. Now technological advances in distributed energy have put long-time customers into com- petition with utilities as they generate their own power and redistribute it via the grid. It's a whole new game. vs. Utilities Renewables Controller Julie Leondaro and co-owner Fred Hunt use solar panels to provide all of Shagbark Lumber's electric- ity needs, but the East Haddam company still needs the main electric grid to buy the firm's excess renewable energy. PhoTo | Pablo robles 24 CoNNECTICUT GREEN GUIDE • WinTer 2014 www.CTGreenGuide.com

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