When it comes to financials, SolarCity's executive team wagers that the combination of existing panels and new storage technologies will
produce lower electricity prices — at least during peak demand hours — than power from conventional utilities.
Not exact matches
The optimal design configuration at this site
produced electricity at a cost 10 percent
lower than the average national
electricity unit
price.
Release of the wholesale
pricing data in South Australia — and data showing South Australia still has the highest
prices in the National
Electricity Market — prompted state opposition energy spokesman Dan van Holst Pellekaan to savage a claim by Mr Weatherill that his $ 550 million «self - sufficient» energy plan was
producing the
lowest power
prices in the national market.
Due to this expensive trade, we who live in the south of Sweden, have to pay almost the same high
prices as the Danes, although Sweden
produces low cost
electricity from mostly Hydro and Nuclear.
The claim to a bright future which the nuclear industry clung to for the last 20 years was that the technology
produced large quantities of
low carbon
electricity at a
low price — something that intermittent renewables could not do.
With a 5 % discount rate, which is about what one would expect a lot of homeowners to have for a home improvement like this, rooftop solar in Melbourne still
produces electricity for less than half the cost of their
low low retail electricty
prices.
People who read these stories are understandably left with the impression that the more solar and wind energy we
produce, the
lower electricity prices will become.
Solar can't
produce electricity at night, but as we've seen in Germany and Australia it doesn't take a lot of solar capacity to start pushing down electricty
prices during the day and that is very bad for the economics of nuclear power as it's a high capital cost,
low fuel cost source of energy and reducing output during periods of
low demand doesn't do much to reduce costs.
This analytical document shows that Uganda's GET FiT Solar Facility will provide a performance - based subsidy of USc 5.37 / kWh to
lower the cost to Ugandan consumers of the
electricity produced from four 5 MW solar plants bid by two developers at an average
price of USc 16.37 / kWh.
Under time - of - use
pricing, consumers pay a
lower price for
electricity when it is least expensive — and higher when
electricity costs more to
produce.
«The contract requires no state subsidy and provides favorable
pricing for ratepayers because tests have shown the Stirling dish technology can
produce electricity at significantly
lower costs than other solar technologies.»