Solar and storage cut summer wholesale power prices in Texas and California
⏮ BeforeSummer wholesale power prices were higher before solar and storage grew, according to the analysis.
✅ NowThe analysis reports summer wholesale prices 42% lower in Texas and 51% lower in California.
In short
- A Solar Energy Industries Association analysis links solar and storage growth to lower summer wholesale power prices.
- The analysis reports drops of 42% in Texas and 51% in California.
- It was published ahead of the US midterm elections, where energy affordability is an issue.
Why the Good News Desk likes this one
The figures come from an analysis by a solar industry trade group, and the full methods are not in the text we received. The reported drops are for wholesale prices, which do not map directly onto what households pay at the meter.
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From CleanTechnica
New analysis shows how solar and storage are lowering electricity costs in red and blue states as affordability takes center stage heading into the midterm elections. WASHINGTON D.C. — As energy affordability emerges as a defining issue heading into the midterm elections, new analysis from the Solar Energy Industries Association ... [continued] The post ANALYSIS: Solar & Storage Growth Drives Down Summer Wholesale Electricity Prices by 42% in Texas & 51% in California appeared first on CleanTechnica .
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