Sentences with phrase «retail electricity price»

The retail electricity price must be allowed to rise and fall, depending on supply and demand, just as the wholesale electricity price does;
Price - responsive - load, in which the electricity market can respond to retail electricity price changes, must be adopted as soon as possible.
That nearly matches, Smith said, Nevada's thirteen - cent average retail electricity price.
Energy prices (average gasoline and retail electricity price) and public infrastructure (share of working population commuting via public transportation) were important in explaining the interstate variation in the use of transportation fuels and residential electricity and are readily addressed by climate and energy policies.
It would be quite possible, and highly desirable, to set up the charging stations so that power from the grid would go into the batteries when the retail electricity price is low and power could be taken out of the batteries when the retail price is unusually high.
The ice would be produced when electricity was plentiful and cheap, and stored for use later in the day when the power supply became stressed and the retail electricity price rose.
However, consumers in California continue to pay average retail electricity prices that are among the highest in the nation.
This involves adjusting retail electricity prices dynamically as the amount of power in the grid changes so that consumers can modify their times of electricity use to better match consumption with generation.
Retail electricity prices increase most in the early 2020s, in response to initial compliance measures.
Retail electricity prices and expenditures rise under the Clean Power Plan.
So as California was doubling its share of electricity from costly renewables, its retail electricity prices rose in line with the rest of the nation as the cheaper natural - gas - generated electricity covered for the more expensive green energy.
A combination of high retail electricity prices and industry efforts to brings offshore wind's levelized cost of energy (LCOE) down will make the Northeast and some Eastern Seaboard regions the most likely early leaders in cost - effectiveness, NREL reported.
Historically, FIT prices were set higher than retail electricity prices to spur investment.
«Households in Australia face relatively low retail electricity prices compared with many OECD economies.
In states like West Virginia, Kentucky and Missouri, where retail electricity prices average just 8 / kWh (and industries and buildings are organized around cheap power), rates would rise more than 50 percent overnight.
I would however like feedback on the assumptions of 5 % / year increase in retail electricity prices and 5 % / year decrease in PV system prices.
If you want it sooner in Australia, although it is not a government vote winner, bring on higher retail electricity prices!
The cost of an 80 % renewable penetration strategy by 2050 is a 25 - 50 % increase in retail electricity prices above the baseline.
«Extraordinarily high retail electricity prices, combined with dramatic cost declines in renewable energy and storage technologies, have combined to transform the competitive landscape facing the State's electric utilities,» the commission wrote.
Declining costs of fuel, especially natural gas, have been a key driver of recent reductions in retail electricity prices.
Quokka, you appear to be confused about the difference between wholesale and retail electricity prices and the role they play in influencing what type of generating capacity gets built.
Residential customers in most areas of the country are seeing lower retail electricity prices this year compared with the same time last year.
«Australia, like Japan, has high retail electricity prices which, combined with continuously reducing technology costs, are the main reasons for the small - scale PV adoption rate,» it writes.
Also, it's worth noting that wind power, while it can't compete with retail electricity prices like solar can, is often the cheapest option for new electricity capacity.
In the case of solar power, while utility - scale solar is just becoming cheaper than fossil fuels on the wholesale electricity market, rooftop solar panels have long competed with much - higher retail electricity prices.
Right now, many analysts are focused on when solar will hit «grid parity» and become competitive with retail electricity prices without subsidies.
The reference you cited shows that retail electricity prices excluding taxes in Denmark (11euro / 100kWh) is very similar to France (9.5 euro / 100kWh).
Hawaii is home to both the nation's highest retail electricity prices and the most ambitious renewable energy standard.

Not exact matches

We also looked at 2015 commercial prices of electricity from the Energy Information Administration (EIA) and the 2014 costs of purchasing and renting industrial, office, and retail space per square foot from CoStar Group Inc..
The government also plays an important role in encouraging value - added products and renewable energy initiatives, as well as easing electricity price swings without imposing arbitrary taxes that disadvantage retailers.
Allowing markets to function will also have implications beyond exchange rates to electricity tariffs, retail oil and gas prices and airline prices for instance!
It said that LIPA's average retail price for residential electricity is over 22 percent higher than the state median and 78 percent above the nationwide median for 2013.
Adding carbon capture technology to that plant sucks up 40 percent of the power it can produce and adds at least 2.7 cents to the retail price of that electricity.
Whether sold as bulk crude oil and natural gas or as retail electricity, gasoline or diesel, the major exporters of OPEC, Russia and others harbor some of the lowest domestic energy prices in the world.
Houston, TX About Blog Bounce Energy is a retail electricity company that is committed to delivering value to our customers in Texas through excellent customer service, innovative plans and products, and competitive pricing.
The problem in New England, which has resulted in electricity prices that are four times higher than normal for sustained periods, is that all of the pipeline transmission capacity has been purchased by the local gas distribution companies that sell gas for home heating and retail uses.
Since North Carolina does not have any laws requiring virtual net metering for cooperatives or investor - owned utilities, these bill credits are nearly always based on the utility's avoided cost of energy as opposed to a credit calculated at the full retail rate of electricity (in other words, the per kWh credits are less than the per kWh price customers pay for their electricity consumption).
A $ 40 / t tax would increase the wholesale and retail prices of fossil fuelled electricity by about 4 cents per kWh.
Solar PV is even less of an issue, because it can sit on existing rooftops, and it has the advantage that it's competing with the end - user retail price of electricity.
In addition, New Jersey, in common with many other states, allows homeowners to get credit for their solar electricity at retail prices while the energy being replaced could have been bought by the utility at much lower wholesale prices, a subsidy called net metering.
The fall in energy prices came as Abbott blamed renewable energy for lifting retail electricity bills.
The utilities hate paying their retail price for customer excess solar electricity.
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.
So now Rio and BHP Billiton have joined the lengthening line of companies asking for a carbon price, such as electricity retailer AGL and technology company Siemens which were co-signatories of an open letter earlier this year.
They want to buy electricity at a wholesale price much less than their retail price.
Community solar rates are still higher than average retail electricity rates in some places, but as the market matures and solar PV prices continue to fall, that is likely to change.
Not that even overlooking the effective pollution subsidy given to the fossil fuel generators, the retail price of electricity would not need to rise very greatly to change to sustainable electricity - it would go from $ 232 / MWh to $ 272 / MWh.
Right now, the price of electricity generated from PV solar is about 12.2 cents per kilowatt - hour in the U.S., only slightly higher than the average cost of retail electricity at 12 cents per kWh across the country.
As an example of the actual price paid for electricity by a retail consumer, my bill for the three months ending in January 2005 was a total of Aus $ 161 for 692kWh, equal to Aus $ 232 / MWh.
The retail price of electricity should also vary depending on supply and demand.
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