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Rooftop Solar Could Reach Price Parity In the US By 2016
Lucas123 writes: The cost of rooftop solar-powered electricity will be on par with prices of coal-powered energy and other conventional sources in all 50 U.S. states in just two years, a leap from today where PV energy has price parity in only 10 states, according to Deutsche Bank's leading solar industry analyst. The sharp decline in solar energy costs is the result of increased economies of scale leading to cheaper photovoltaic panels, new leasing models and declining installation costs, Deutsche Bank's Vishal Shah stated in a recent report. The cost of solar-generated electricity in the top 10 states for capacity ranges from 11-15 cents per kilowatt hour (c/kWh), compared to the retail electricity price of 11-37 c/kWh. Amit Ronen, a former Congressional staffer behind legislation that created an investment tax credit for solar installations, said one of the only impediments to decreasing solar electricity prices are fees proposed by utilities on customers who install solar and take advantage of net metering, or the ability to sell excess power back to utilities.
There was a wind turbine near me that was removed by local council order. It was one of those spiral tube looking ones and the person had put it up in their front yard on essentially a flag pole with guy wires.
The thing had a fair amount of slap in the pole which was kinda scary to watch. But the main thing was this thing screamed when its speed got up. Not sure what it was, whether it was the bearings, the motor or maybe the brakes but it started to sound like a jet turbine spinning up when it was going fast (and bloody hell did it spin fast!)
I used to drive past it on the way to and from work and could comfortably hear it over the car's engine and aircon with the windows closed.
The price of electricity is not just the price of generation.
The price of transportation is not just the price of fuel.
If you gave fossil fuels the same advantage of not charging infrastructure costs, taxes, government regulations on production etc... like you do with solar, you'd find that they are virtually free. There is no conceivable way solar is even remotely comparable until the government steps in and starts manipulating the numbers for the public good. You can argue that the CO2 issue is important enough to justify that interference, but lets not lie to ourselves about the numbers.