Tuesday, July 22, 2008

Solar Cost

Paraphrased from: , January 09, 2008

Ann plans to have a solar roof installed. It will be a mini-generator (all of the electricity will go to the grid). She will be receiving 42 cents per kWh over a 20 year term. The current rate she is paying is set by the local utility, Toronto Hydro, and not the province. It is approximately 11 cents per KWh.

The cost for a rated power of 2.34 kW is $22,485 (current exchange rate = 1:1) or $9.59/Watt. The is at the high end of the current price range of $8-10/W.

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An ad in Technology Review for July/Aug 2008 by SolFocus states that they will soon be producing photovoltaic for $0.24-0.28/W. and expect the priec to drop by half in two years. Still expensive!!

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More from Jerry:

You can check these websites for further information:

www.powerauthority.on.ca For further information on the Standard Offer
Contract
www.ontario-sea.org The Ontario Sustainable Energy Association. Their
recent report 'Renewables Without Limits' is the best critique I've read
of the current Standard Offer Contract, and offers a clear overview of
similar programs around the world.
www.wind-works.org Paul Gipe's website. He wrote the OSEA report, is
the acknowledged expert in this field, and the website will keep you
up-to-date on developments in the USofA. Paul can be a great help to you,
his email address is pgipe@igc.org.

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