Dell started thinking about the need for utilities to change while working in private equity at Blackstone and as an investor at the VC firm Thrive Capital. “I identified that there was a paradigm shift happening in the industry,” he says. “The last five decades of energy have been defined by coal and natural gas. And the next five decades are likely to be defined by solar and storage.”“We don’t sell batteries; we sell power,” says Base Power founder Zach Dell. “We install the battery on your home. We own i ...