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Game changer

From cleantechnica.com :

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 article is very short on details about how they can provide solar electricity at such a discount. But if this is the beginning of a trend, the world is going to change very fast …


clean tech