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by kragen
692 days ago
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9¢ per kilowatt hour is insanely expensive typical wholesale prices are 2½¢ per kilowatt hour solar panels are 8¢/peak watt https://www.solarserver.de/photovoltaik-preis-pv-modul-preis... which works out to 40¢ per average watt assuming a 20% capacity factor. at 7% yearly interest, that's 2.8 cents per watt, and since a year has 8.766 kilohours, it's 0.3¢ per kilowatt hour. for ac inverter systems, balance of system costs typically triple this, and in the us, import tariffs double it again to 1.8¢ per kilowatt hour the future is already here; it just isn't widely distributed. and that's why you're getting scammed |
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But for grid electricity even if the generation is dirt cheap the power company in WA is responsible for covering an area the size of a chunk of Europe with a total population of under 3million.
There are significant distribution costs involved and I suspect even at the prices we pay its subsidised by the government.