this post was submitted on 17 Nov 2024
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Solar modules now selling for less than €0.06/W in Europe (www.pv-magazine.com)
submitted 1 day ago by [email protected] to c/[email protected]
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[–] [email protected] 2 points 23 hours ago (1 children)

electricity still costs 0.30€/kWh average because of fossil fuel energy lobbies.

This is the price of guaranteed electricity delivered to your doorstep. We can't get rid of gas fired power stations and kms of electricity grid network yet.

[–] [email protected] 1 points 4 hours ago

Only partially true. The solar panels almost all inject power back into the grid. Power companies started complaining about their profits when they had to actually pay the users for their power that they generated so now home power generating houses get paid pennies on the dollar for delivering power and reducing the power capacity needed by the power companies and of course the power companies didn't lower prices at all, so they are just sucking up the difference in pure profit.