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by shawndrost
1266 days ago
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Residential solar reduces retail power costs @ $0.30/kWh, whereas grid-scale solar supplies wholesale power @ $0.02/kWh. (Representative figures from California.) NEM (net energy metering) amplifies this effect. If you look at a system-cost ROI analysis, the difference between residential and grid-scale is that the latter requires more transmission lines and provides fewer jobs (which is a key part of the political economics), but residential solar comes out looking very bad. Explicit subsidies -- which pay a part of residential solar capital costs -- are a much smaller force. |
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