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How will the world be powered in ten years’ time? Not by fossil fuels. Energy experts are all saying the same thing: solar photovoltaics (PV) is our future. Reports from universities, investment banks, international institutions and large investors agree. It’s not about whether the switch from fossil fuels to solar power will happen, but when.
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Texas Electric Utilities wants to be your Texas electric company. ICO CALENDAR Chuck Jay worked as a coal miner for nearly three decades before he decided to start his own solar panel installation company just outside Tuscaloosa, Alabama, in 2012. He had put panels on his own home a few years before and got hooked by the technology — not to mention the money he saved on his electric bill.
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12:00 | 21 Hrs Ago Canadian electricity is cheap at 10 US cents per kilowatt hour, which is reflected in their high average electricity usage. US electricity prices at 0.12 $/kWh are also quite cheap internationally. In India and China they are very cheap. The UK is in the middle at 20 cents. It’s relatively expensive globally but not too bad for Europe, where most countries pay a high share of tax on their power.
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Utility companies argue that if they don’t charge customers a fee for generating their own solar power, the cost of maintaining a vast grid infrastructure will increasingly fall upon other customers, raising electricity prices for everybody. Few lower-income families currently use rooftop solar, but higher prices would saddle them with the bill for wealthy homeowners’ eco-consciousness, Alabama Power’s Sznajderman reasons.
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The inclusion of renewable energy distributed generation and AMI in the modern electricity grid has introduced many alternative rate structures. Simple (or fixed) rate, tiered (or step) rate, TOU, demand rates, tiered within TOU, seasonal, and weekend/holiday rates are among the few residential rate structures offered by modern utilities. The simple rate charges a specific dollar per kilowatt ($/kWh) consumed. The tiered rate is one of the more common residential rate programs, and it charges a higher rate as customer usage increases. TOU and demand rates are structured to help maintain/control a utility’s peak demand. The concept at its core is to discourage customers from contributing to peak-load times by charging them more money to use power at that time.
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Northeast In the early 1990s, numerous villages turned to solar power in parts of Africa where one might least expect to stumble upon an oasis of lights shimmering in the pitch-black night. Perhaps the most ambitious project of this nature, and one that is often cited, is a Zimbabwean project supported by UNDP through the Global Environment Facility (GEF). The initiative, jointly funded by GEF ($7 mn) and Zimbabwe ($400,000), installed some 9,000 solar power systems throughout the country in a bid to improve living standards, but also to curtail land degradation and pollution.
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