Electricity subsidy became the largest at $ 107 billion and cover 16 % of global electricity use.
Not exact matches
In other words, in desert regions at low latitudes, with government
subsidies, solar power can
become inexpensive, provided someone else is responsible when
electricity is needed at night or on rainy days.
These voluntary purchasers of «green»
electricity or RECs benefit from a wealth transfer since the cost of tax break or
subsidy is ultimately borne by ordinary taxpayers (or
becomes a part of the national debt).
Right now, many analysts are focused on when solar will hit «grid parity» and
become competitive with retail
electricity prices without
subsidies.