4 ms·
Levelized costs refer to the costs the owner of the asset has to pay. For grid solar that’s liekly the utility company, but it’s definitely not you. For your ow
by _aavaa_ 3y ago
Levelized costs refer to the costs the owner of the asset has to pay. For grid solar that’s liekly the utility company, but it’s definitely not you. For your own solar you’re the owner.
It’s the minimum breakeven sell price for the owner. except you don’t pay the utilities that price. You are also charge, at a minimum, transmission and distribution fees.
Further, the grid isn’t 100% solar and electricity prices are dictated by a variety of factors, lcoe being an estimate for the floor of each asset.