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.
Hence, the GED * / kwh associated with electric power generation using coal, oil, and natural gas represents 43, 33, and 7 percent of the average residential
retail price of electricity in 2002.
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.
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.
The deal nets sellers a few cents over
the retail price of electricity, but costs the Green Power Program almost three times as much.
Between 1990 and 2009,
the retail price of electricity in Minnesota was, on average, 18.2 percent lower than the national average.
He neglects to point out that the RECs add about 1 cents; about 4 % to
the retail price of electricity, nor does he mention that the Chief Executive of the Energy Supply Association of Australia (ESAA), Matthew Warren, has said:
The estimated cost is an increase of around 1c / KWh in
the retail price of electricity.
This is factored into
the retail price of electricity.
The study forecasts that these policies will cause a 27 % increase in
the retail price of electricity.