Solar power generation in the US: Too expensive, or a bargain?

Richard Perez, Ken Zweibel and Thomas E. Hoff

Energy Policy, 2011, vol. 39, issue 11, 7290-7297

Abstract: This article identifies the combined value that solar electric power plants deliver to utilities' rate payers and society's tax payers. Benefits that are relevant to utilities and their rate payers include traditional, measures of energy and capacity. Benefits that are tangible to tax payers include environmental, fuel price mitigation, outage risk protection, and long-term economic growth components. Results for the state of New York suggest that solar electric installations deliver between 15 and 40¢/kWh to ratepayers and tax payers. These results provide economic justification for the existence of payment structures (often referred to as incentives) that transfer value from those who benefit from solar electric generation to those who invest in solar electric generation.

Keywords: Solar energy; Value; Cost (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (13)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:39:y:2011:i:11:p:7290-7297

DOI: 10.1016/j.enpol.2011.08.052

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