Not exact matches
«Renewable Energy Target (RET) costs are forecast to comprise around 11 % of the total
increase in
residential electricity prices at a national level.
New research predicts the energy storage market in Germany will
increase 11-fold in the next five years, with the
residential market buoyed by declining feed - in tariffs, high
electricity prices and $ 30 million in subsidies, while the primary reserve market boosts activity within the utilities sector.
* That is enough to provide
electricity to 550,000 «average» Ontario households for a year, yet the
price for
residential consumers
increased 62 %.
While the
price of
residential electricity in the United States has
increased only 30 percent since 1995, the
price of natural gas has more than tripled due to rising demand and production costs.
Assuming retail
electricity costs will
increase 5 % / year (conservative due to the grid investments being made and the Qld
increases have been 11.37 % & 5.38 % for 2008 & 2009 with another 14 % mooted for 2010) and PV
prices will drop 5 % / year, I calculate retail grid parity arriving in Qld as soon as 2012 for a 3kW
residential system.