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More recently, the cost of solar in Japan has decreased to between ¥13.1/kWh to ¥21.3/kWh (on average, ¥15.3/kWh, or $0.142/kWh). [133] The cost of a solar PV module make up the largest part of the total investment costs. As per the recent analysis of Solar Power Generation Costs in Japan 2021, module unit prices fell sharply.
The solar coverage rate is the percentage of an amount of energy that is provided by the sun. This may be in reference to a solar thermal installation or a photovoltaic installation, i.e. a calculation of solar heat, electricity or total energy produced. The observation period is typically one year.
The actual electricity being generated is counted on a separate meter, not just the surplus they feed back to the grid. Germany once paid several times the retail rate for solar but has reduced the rates drastically while actual installation of solar has grown exponentially at the same time due to reduced cost of solar installations.
The simple rate charges a specific dollar per kilowatt hour ($/kWh) consumed. The tiered rate is one of the more common residential rate programs. The tiered rate charges a higher rate as customer usage increases. TOU and demand rates are structured to help maintain and control a utility's peak demand. [6]
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