A solar power'ed technical, financial, and political review/analysis of important green energy news. New TVA rate plan includes lower energy prices, grid access charge - Here's what going to continue to happen. As the generation aspect of electricity becomes cheaper, and since you and I can do it at home, electricity utilities will lower the cost of electricity and increase what they charge you for access. Their goal is to keep revenue consistent, irrelevant of total amount of electricity they actually sell you. The goal here is to do it slowly looking - lower the price by 1¢/kWh - which is really a quite large 10% drop is generation charges. On the one hand, you're renting the powergrid as a battery backup...but at some point you buying a battery at…
Senator Montigny - I'm located at zip code 02748. Professionally, I'm a consultant in the solar industry - but with a lot of project development, management and brokering going on. I try to piece together big puzzle pieces. I'm writing because there is a renewable portfolio standard being talked about right now. (more…)
First Solar has already sold out of solar photovoltaic (PV) module capacity for 2015, and for most of 2016, according to the most recent figures. Overall, the company beat analyst predictions pretty handily — coming in with net sales of $896 million for the second quarter, accompanied by a 1:1 book-to-bill ratio. This amounts to a rise from the first quarter of nearly $427 million in net sales, mostly due to “increased revenue recognition on the Silver State South project and the sale of majority interests in the North Star and Lost Hills-Blackwell projects.” Read the rest of the story at Clean Technica.
The central lesson for utilities in the talk of a death spiral is if they don’t give their customers what they want, they go elsewhere. To date, that talk is mostly about rooftop solar taking their revenues, but some utilities have begun to notice some of their biggest key accounts looking for greener pastures. Well, greener energy. “This is a new environment. You don’t just build it and shove it in the rate base. There is a more open dialogue. Renewable energy is at the center of that,” explained Altenex Managing Director Duncan McIntyre. Read the full Story