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The purpose of the power pool was to dispatch electric generating plants on a lowest cost basis, thereby reducing the electric costs for all members of the pool. [ 8 ] After Baltimore Gas and Electric Company and General Public Utilities joined in 1956, the pool was renamed the Pennsylvania-New Jersey-Maryland Interconnection, or PJM.
Solar canopies have a lot of potential when developing community solar. Community solar can easily implement solar canopy development to provide nearby residents with a reliable source of renewable energy. This is beneficial for residents wanting to invest in solar that do not have the means to construct panels on their own property. [7]
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From 1 July 2018 the minimum electricity feed-in tariff for households and businesses who feed power back into the electricity grid from small renewable energy sources will be 9.9 cents per kilowatt hour (kWh). This is broken down as follows. Feed-in tariff component. Forecast solar-weighted average wholesale electricity pool cost - 6.8 (c/kWh).
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