2013
DOI: 10.1016/j.enpol.2013.07.009
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Impact of residential PV adoption on Retail Electricity Rates

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Cited by 102 publications
(82 citation statements)
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“…Thus, with the 1.3% growth rate of residential retail electricity price from Duke Energy utility in North Carolina, Makhyoun (2012) also says that solar PV systems will be cost competitive with retail electricity price in 2020 in North Carolina. This means that the solar PV system deserves to be invested even if it is not beneficial yet since the levelized cost of solar PV system decreases while the retail electricity price is expected to increase in the future (Cai et al 2013, Makhyoun 2012. Furthermore, Makhyoun (2012) mentions that the levelized cost in 2020 is estimated to be $0.17 per kWh without federal tax credits, which is higher than the one with federal tax credits.…”
Section: Organization Of the Thesismentioning
confidence: 99%
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“…Thus, with the 1.3% growth rate of residential retail electricity price from Duke Energy utility in North Carolina, Makhyoun (2012) also says that solar PV systems will be cost competitive with retail electricity price in 2020 in North Carolina. This means that the solar PV system deserves to be invested even if it is not beneficial yet since the levelized cost of solar PV system decreases while the retail electricity price is expected to increase in the future (Cai et al 2013, Makhyoun 2012. Furthermore, Makhyoun (2012) mentions that the levelized cost in 2020 is estimated to be $0.17 per kWh without federal tax credits, which is higher than the one with federal tax credits.…”
Section: Organization Of the Thesismentioning
confidence: 99%
“…The policies are mainly related to the monetary benefits in installing solar PV system in houses, and this is meaningful because customers are interested in how much can be saved by adopting solar PV systems (Cai et al, 2013 Net metering is a policy that forces companies to buy from solar or wind owners any excess electricity they may generate. That is, the utility buys any electricity produced that consumers do not need at that instance.…”
Section: Policies For Promoting Solar Pv Systems In Indianamentioning
confidence: 99%
“…There has also been relatively little work on studying the impact of financial savings through PV adoption on the utility "death spiral" [5,17]. The "death spiral" refers to the positive feedback effect created when the highest consuming customers adopt PV and thus pay less to utilities.…”
Section: Introductionmentioning
confidence: 99%
“…This change is not without major challenges -it will require significant upgrades to the grid as it was not engineered with the variability and intermittency of solar energy in mind [20,29]. In addition to engineering hurdles, we need to be mindful of the socioeconomic impacts of large scale adoption which most commonly come in the form of subsidies to high income customers [5,10,14,1]. Under the widely used net metering rate structures, residential customers only pay for the net amount of monthly energy used.…”
Section: Introductionmentioning
confidence: 99%
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