Good news for electricity fans out there. First, residents of Missouri now have a bonafide net metering law. Haven’t heard about it? Yeah, me neither until a recent visit to the Earthways Center (a renovated house in the city of St. Louis that showcases conservation technology and alternative energy). You would think something this important would have been reported on, but multiple Google searches turned up nothing for me. So I’m about to become the number one site in the search engines for people looking for info about this.

According to the state Senate’s web site, SB54 was signed by the governor on June 26. It takes effect January 1, 2008. Missouri is the 42nd state to implement a net metering law. Before now, the snakes at AmerenUE have been charging retail for the electricity they provide customers but only paying wholesale (or less) for the electricity customers provide to them (it’s a shame you need a law to correct that kind of nonsense). So if you’ve been waiting to install that grid-tied, batteryless, photovoltaic array, your wait is over!

In other electricity news, Tesla Motors has announced that their first production model should be hitting the streets by the end of the year. Say a prayer for CEO Martin Eberhard. He’s not the first David to go up against the Goliath of the Big Three automakers. He’s liable to end up like Preston Tucker. Although, a lot’s changed in sixty years. Back then GM wasn’t reeling after having their ass handed to them by Toyota, and Chrysler wasn’t being shuffled from owner to owner like a hot potato.

So keep your eye on Tesla, because the electric car is by no means dead. But if $100K is too much for you (as it is me), maybe you should consider a couple cheaper alternatives, like the new Think City, or the Tango. You heard it here first folks — electricity is where it’s at.