Parity with utility rates
bmet
Solar Expert Posts: 630 ✭✭
Working a conference of TEC Co-op managers, and a Mr. John Cooper , President of Ecomergence, states that solar pricing at 75 cents/Watt is current parity with TEC rates.
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Re: Parity with utility rates
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Re: Parity with utility ratesWorking a conference of TEC Co-op managers, and a Mr. John Cooper , President of Ecomergence, states that solar pricing at 75 cents/Watt is current parity with TEC rates.
What exactly is meant by $0.75 per Watt? Panel price? Installed grid-tie system size price? Cost per kW hour over the expected lifespan of a grid-tie system?
I re-priced my existing off-grid system (self-installed) and found that if it were duplicated today (as near as can be; it would be slightly more powerful in fact) it would produce at a rate of $0.75 per kW hour over the expected life of the system. That still doesn't come close to BC Hydro's $0.10 per kW hour, even if you add the extra fees and proposed 17% rate increase. Just how bad are TEC's rates?
Lots of different ways to look at/interpret the same numbers. :roll: -
Re: Parity with utility rates
A typical power plant cost around $1.00 per Watt to construct.
-BillNear San Francisco California: 3.5kWatt Grid Tied Solar power system+small backup genset -
Re: Parity with utility rates
I wish I had the recording of the guy's speech, because that's the only way you could have your question answered. The man was talking about many data points in a study, covered by over a dozen teams, so his remarks were summarized to fit into an hour's time.
I am certain the .75 cents/Watt had to have been for a grid-tied system. TEC co-op mangers mentioned a range of rates, the lowest I heard was .08 Cents per KW/Hr, and the highest was .13 Cent/KW Hr. Also included in that was a monthly service charge of 22.50.
Of the 60+ co-ops represented at this conference for the TEC, only 1 spoke about Renewable Energy installs. That co-op had one plan based on 4KW grid-tied system, but didn't get into detailed costs. The co-op's infrastructure was based upon a hand full of installs, less than 20, so the customers that chose RE were credited for excess that they produced every month BUT were charged an undisclosed premium for that service. Regular co-op customers were not charged this premium...yet.
Apparently the Texas state legislature chose to follow California's 30% plan, to be adopted by the year 2018. The TEC opposes it outright, but until the law is overturned they must begin preparing. So rates will go up in the not too distant future.Cariboocoot wrote: »
What exactly is meant by $0.75 per Watt? Panel price? Installed grid-tie system size price? Cost per kW hour over the expected lifespan of a grid-tie system?
I re-priced my existing off-grid system (self-installed) and found that if it were duplicated today (as near as can be; it would be slightly more powerful in fact) it would produce at a rate of $0.75 per kW hour over the expected life of the system. That still doesn't come close to BC Hydro's $0.10 per kW hour, even if you add the extra fees and proposed 17% rate increase. Just how bad are TEC's rates?
Lots of different ways to look at/interpret the same numbers. :roll:
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