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Saudi Arabia claims 'record' low price as Marubeni wind power deal hits $15/MWh
(www.rechargenews.com)
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this post was submitted on 23 May 2024
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Record for Saudi, or record in general...?
'Cause I'm currently paying (CAD) between $109.7 and $140.8 (so USD $79.9 - $102.5) per MWh.
Edit: Damn it, I shifted a decimal in the mental conversion from KWh to MWh. Fixed the values above. (10x)
That Saudi power is much cheaper than I thought...
Genuine question, where in Canada are you getting that price and is that including the Demand charge?
Cheap power in Canada is something I would genuinely be interested in
Southern BC.
Not sure what you mean by demand charges. Additional cost for peak hours perhaps? Not really a thing where I live.
Energy is billed at the lower of the two numbers I gave for the first ~1.4MWh, then the rest is billed at the higher rate. (metered between two months) It doesn't matter when you use the energy.
Aside from the energy costs, there's a ~$0.22/day base charge and 5% gst. That's it.
Edit: (see the edit in previous comment)
Southern BC is very close to the American Pacific Northwest, which is full of hydroelectric dams.
Yup, but we have quite a few of our own as well. Taking advantage of the Rocky Mountains above and below the border.
Paying around 300€/MWh in germany ...
But also we have well insulated houses, so its not that bad (i think). I am paying around 100 bucks for electricity and gas for one person.
You pay <1c /Kwh ?! That's crazy, we're 10x that here in the southeast US and I thought ours was pretty cheap
I shouldn't do math late after work....
(see the edit above)
Cries in USA, paying $230/mWh. At least solar effectively zeroes out my usage via net metering, in the warmer months.
That's milliwatt hours, and not megawatt hours. Capital M for mega, lower case m for milli in units.
Or maybe prices are just 230.000.000.000 USD/MWh...do you happen to live in Texas?
These are wholesale prices. Not for consumers. Consumers always pay a lot more (about 10x)