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In response to DTE Energy filing a proposal for 2023 which included a 1.1GW natural gas plant with almost no new solar installations, renewable energy advocates proposed a plan with 1,100 megawatts of new solar capacity, 1,100 megawatts of wind, and 253 megawatts of demand response, which they claimed would satisfy criteria at a lower cost. [61]
This guarantees a fixed price of $0.42 CDN per kWh for PV and $0.11 CDN per kWh for other sources (i.e., wind, biomass, hydro) over a period of twenty years. Unlike net metering, all the electricity produced is sold to the OPA at the SOP rate. The generator then purchases any needed electricity at the current prevailing rate (e.g., $0.055 per kWh).
Between 2000 and 2013 there was 2,261 MW of residential solar and 4,051 MW non-residential solar installed. [88] After years of cost reduction, the average US price per watt was between $2.51 to $3.31 in 2020 for 10 kW systems, [ 89 ] and $1.05/W for utility systems.
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The commission estimates that about 17,000 Michigan acres are now used for wind and solar projects and close to 210,000 more acres could be needed to meet the new goals, Scripps told the Senate ...
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.
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