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Solar is now ‘cheapest electricity in history’, confirms IEA (International Energy Agency) (from 2020)
(www.carbonbrief.org)
this post was submitted on 12 Nov 2023
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Technology
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That's the catch. The generation isn't the expensive part. The storage is.
That's the thing, without the Battery it's not cost effective, we'll pay more for the system then it would recover. Our peak usage is at night when the sun is not there.
My electricity company provider do the batteries "role", they return me the energy I generated extra for free without charging the price, so I get back all what I generated when the sun is out. I think the issue is your government, greedy politics, here happened too, but it changed recently. That would make your inversion like half of what you paid for here.
My utility gives a 50% credit on excess generation. Thing there is the utility is still the one taking responsibility for having the capacity and scalability to respond to variation in demand and production. When I was getting quotes, adding storage would have doubled the cost of the system for a day or two worth of storage. Probably would cost double again to have a system that would keep up through the winter.
Yeah we get nothing from any excess power generation that goes back into the grid. It used to be worth it years and years ago but they stopped because it was costing the energy generators too much.
I heard Mexico also allows returning the 100% extra energy you generated... I don't know why, but I feel it's just politics or greedy interests.
wouldn’t most people’s peak usage be in the afternoon when the air conditioner is running?
Not with us, after 4pm is our peak usage sun won't be up for much longer