Sentences with phrase «traditional electricity consumers»

In recent decades and years, the prices of solar photovoltaics (PV) and batteries have decreased sharply, which has in turn increased the incentive for self - consumption (e.g., traditional electricity consumers producing parts of their electricity consumption themselves and thus becoming «prosumers»).

Not exact matches

Perhaps most importantly, however, the energy reform transferred power from the traditional utility companies to some of those same private consumers who are paying those high electricity prices:

This paper explores four paradigms for the future of the electricity sector in a low marginal cost world, including traditional cost of service, energy - only power markets, energy plus capacity payment mechanisms, and new relationships between providers and consumers on an energy platform.

That plan, however, will increase electricity prices for Americans — both consumers of solar power and consumers of traditional energy that subsidize solar power's use of the electric grid.

The plug - in hybrid's fuel - cost savings over traditional gasoline - powered vehicles would save these 4 million consumers approximately $ 4.2 billion a year at today's average gasoline price of $ 3 per gallon when compared to 15 cents per kilowatt - hour of electricity for 14,400 miles driven annually.

Many traditional sources of energy are more likely to experience price volatility, so the long - term cost - certainty and stabilizing effect of electricity rates from wind farms provide important protection for consumers.