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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.
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.