Wednesday, December 28, 2016

Solar Cheaper Than Fossil Fuels or Wind . . .

. . . in developing countries such as China, Chile, Brazil, Uruguay, South Africa, and India. Here are links for more information:

From Bloomberg Technology: World Energy Hits a Turning Point: Solar That's Cheaper Than Wind

From EcoWatch: It's Official: Solar Energy Cheaper Than Fossil Fuels

It is not the case here in the United States - yet. Nor will it be for a long time. We are still heavily invested in coal and natural gas to generate energy. But there is good news: U.S. Solar Surges in Record-Breaking Quarter.

Here in El Paso we know that El Paso Electric will ask for a rate hike very soon in January. They will probably go after rooftop solar again perhaps next summer. I'm still in favor of some kind of subsidy for those who install solar - a break on their property tax or a refund. Maybe it is time to deregulate the energy industry in El Paso. Let EPEC go head to head with the solar industry.


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