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Saudi Arabia claims 'record' low price as Marubeni wind power deal hits $15/MWh (www.rechargenews.com)
submitted 5 months ago by PanArab@lemm.ee to c/technology@lemmy.world
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[-] Darkassassin07@lemmy.ca 11 points 5 months ago* (last edited 5 months ago)

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...

[-] incompetentboob@lemmy.world 4 points 5 months ago

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

[-] Darkassassin07@lemmy.ca 2 points 5 months ago* (last edited 5 months ago)

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)

[-] Jolteon@lemmy.zip 2 points 5 months ago

Southern BC is very close to the American Pacific Northwest, which is full of hydroelectric dams.

[-] Darkassassin07@lemmy.ca 1 points 5 months ago

Yup, but we have quite a few of our own as well. Taking advantage of the Rocky Mountains above and below the border.

[-] WallEx@feddit.de 3 points 5 months ago* (last edited 5 months ago)

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.

[-] swicano@kbin.social 2 points 5 months ago

You pay <1c /Kwh ?! That's crazy, we're 10x that here in the southeast US and I thought ours was pretty cheap

[-] Darkassassin07@lemmy.ca 1 points 5 months ago

I shouldn't do math late after work....

(see the edit above)

[-] plz1@lemmy.world 2 points 5 months ago

Cries in USA, paying $230/mWh. At least solar effectively zeroes out my usage via net metering, in the warmer months.

[-] Grippler@feddit.dk 5 points 5 months ago* (last edited 5 months ago)

paying $230/mWh

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?

[-] Retiring@lemmy.ml 1 points 5 months ago

These are wholesale prices. Not for consumers. Consumers always pay a lot more (about 10x)

[-] noxy@yiffit.net 10 points 5 months ago

Jamal Khashoggi.

[-] Retiring@lemmy.ml 7 points 5 months ago

Paywall

[-] PanArab@lemm.ee 2 points 5 months ago
[-] Retiring@lemmy.ml 2 points 5 months ago

That doesn’t really solve the problem. But thanks anyway, worth a try, I guess.

[-] PanArab@lemm.ee 1 points 5 months ago

My bad. I tried to archive it but it didn’t work

[-] Retiring@lemmy.ml 1 points 5 months ago

That doesn’t really solve the problem. But thanks anyway, worth a try, I guess.

this post was submitted on 23 May 2024
84 points (100.0% liked)

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