Thin-Film Solar Power To Be Sold For Less Than Coal Power!!! (Solar is Simply Cheaper, Cleaner) [View all]

[grahamhgreen]

According to a Power Purchase Agreement (PPA) between El Paso Electric Company and First Solar, electricity will be sold from First Solar’s thin-film solar panels to El Paso Electric Company for 5.8 cents per kWh.....

The highly unusual thing about this is that the average residential retail cost of electricity in the United States is 11.4 cents per kWh, which is twice as much as the price at which this power plant will be producing electricity!

(The resulting $0.0579, or six cents, per kWh is less than half the average price of energy generated by new coal-fired power stations (12.8c/kWh) Read more: http://www.pv-magazine.com/news/details/beitrag/us--thin-film-solar-energy-sells-cheaper-than-coal-fired_100010043/#ixzz2Jx3NDAaO)

Also, the typical price of thin-film solar power is 16.3 cents per kWh, which is 2.8 times more.

Clean Technica (http://s.tt/1zjUZ)
Read more at http://cleantechnica.com/2013/02/03/thin-film-solar-power-to-be-sold-for-less-than-coal/#5XFl9uoaqTU9t98h.99

Let's stop subsidizing nuclear, coal, gas, and other non-renewables, which are EXPENSIVE, antiquated technologies from a bygone era.