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The highest subsidy price that was still awarded was 6.00 ct/kWh. [111] In a bid for onshore wind farm projects, an average payment of 5.71 ct/kWh was achieved, and 4.29 ct/kWh in a second bidding round. In 2019, there were bids for new offshore wind farms in the United Kingdom, with costs as low as 3.96 pence per kWh (4.47 ct). [112]
The FIT contract contains a guaranteed period of time (usually 15–20 years) that payments in dollars per kilowatt hour ($/kWh) will be made for the full output of the system. Net metering is another billing mechanism that supports the development of renewable power generation, specifically, solar power. The mechanism credits solar energy ...
Ongoing hearings in Atlanta will determine whether the power company can raise rates by 12% over three years. Here’s what you need to know.
No one likes to pay their electric bill, but after reading these findings, you might see that you're living in one of the more affordable states. Energy experts at GreenImprove analyzed each state ...
Oglethorpe Power is the largest power supply cooperative in the United States based upon assets and annual kilowatt-hour sales. The utility's service area covers 65 percent of the state of Georgia. Ogelthorpe co-owns several of its plants with Georgia Power (largest electricity supplier in the state) and the Municipal Electric Authority of Georgia.
Georgia Power has viable plans for future involving less fossils fuels and more renewables. But it'll cost ratepayers plenty. Georgia Power wants a rate increase.
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