Don’t Want to Hear About How Solar is Too Expensive?
November 26th, 2012 by 
The Los Angeles City Council recently approved a contract with a 250 MW PV plant. It’s on tribal land, and according to this article, the tribe is pleased with the economics of the deal.
Ratepayers should also be pleased. This contract adds 2.9% renewables to LADWPs mix, and at a price of 9.1 cents/kWh. Read the details, here (pdf).
The cost of not switching to renewable resources is immense (depends on how much you value your children, drinking water, things like that). But the good news is that price of making that switch is not that high at all.
Vote Solar is a non-profit grassroots organization working to fight climate change and foster economic opportunity by bringing solar energy into the mainstream.
photo: Todd Jones Photography.
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Tags:  Economics LADWP Los Angeles Renewables Solar tribal land | [ Permalink ] |
The rates that PG&E is offering to some of the California companies is so low that it is an inhibitor for solar companies to offer competitive rates. Unless there is a legislative shift to incent utilities to BUY from consumers instead of SELLing to us, the adoption rates will be slow.
Solar is a good investment in the US and with the declining price of solar, it’s really a good deal. Just see how much you can save in 5 to 10 years