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Price of Solar in Austin: $0.05/kwh

Posted by Industry News on Mar 11, 2014
Austin Utility is about to sign a 25-year PPA with Sun Edison for 150 MW of solar power that it will pay for at 5 cents per kilowatt-hour. This could mean lower rates for customers. Austin Energy has a 35 percent renewable energy resource goal by 2016 and a solar goal of 200 MW by 2010. It’s currently at about 25 percent of this goal with 850MW of wind as its make up. Read more here.

Topics: Industry News