NewEnergyNews: BRAZIL SOLAR COST BEATING GRID PRICE/

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    Friday, July 06, 2012

    BRAZIL SOLAR COST BEATING GRID PRICE

    Brazil Solar Energy at $299 a Megawatt-Hour Competes With Grid

    Stephan Nielsen, July 3, 2012 (Bloomberg BusinessWeek)

    "Producing power from rooftop solar panels in Brazil costs less than electricity sold by 10 of the country’s 63 power distributors, according to the national energy agency Empresa de Pesquisa Energetica.

    "Electricity from a typical 5 kilowatt system costs about 602 reais ($299) a megawatt-hour, EPE said…Distributors charge 240 reais to 709 reais for residential power."

    "That makes power from rooftop solar systems competitive with electricity from companies including Ampla Energia e Servicos SA and Cia. Energetica de Minas Gerais…

    "Costs for solar energy fall to 586 reais a megawatt-hour if homeowners use a government credit program called Proesco to buy panels…"

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