"Generating Extra Cash: Selling Electricity to Neighbors as a Side Hustle"
The rise of solar panels and battery storage is challenging the traditional utility-to-consumer power model, allowing homeowners to generate, store, and sell excess solar power to their neighbors. This shift towards small-scale energy generation and storage facilities has the potential to provide income for homeowners, lower costs for consumers, improve grid reliability, and reduce volatile energy prices. Homeowners can sell excess supply back to their utility, participate in peer-to-peer energy trading, or use algorithmic trading programs to maximize profits. The growth of distributed energy resources and virtual power plants could generate significant power and cost savings, making the electrical transition more cost-effective and secure.
