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Subsea cables carried the electricity back to shore. Each unit was capable of producing enough power to supply 500 houses, Brekken said. Waves are cheaper than wind? That’s saying something, considering that both wind- and solar-power costs are dropping so fast they’re now cheaper than energy production from coal and natural gas in many regions. SMART Energy 24 e-commerce by SAYU LOCAL NEWS CPL Energy Knowing how much electricity you use each month is important to finding the cheapest electricity plan. For Houstonians, usage is typically the lowest in the winter and highest in the summer. Your specific usage levels can be determined by simply looking back at previous electric bills and finding the kWh used. To avoid electric bill surprises during the peak summer months, you’ll need to accurately know your peak electricity usage which typically occurs in August. The cheapest country for mining is Venezuela at just $531 per BTC. 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