I ran across an interesting paper while searching for other things: http://www.cmu.edu/all/Lecture711.pdf
The interesting observation I made was in the diagram. A very large percentage of electrical energy is lost in the transmission. This suggests that when a viable on site generation method is finally found that its implementation will most likely run like wildfire due to the double savings.
 
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» First Solar Inc. May be the First Viable Solar Venture · March 9, 2007 at 12:01 am
[…] There is alot suggesting this is the beginning of some real fun in the distributed energy production field.  Since 1/2 of the electrical energy is wasted in transit to its consumer there is a double gain when energy production is colocated with the consumer thereof. […]