A new report analyzes how prices would have been impacted if solar photovoltaic (PV) systems had been added to the generation mix in Texas during the summer of 2011.
The report, conducted by The Brattle Group, concludes that adding photovoltaic solar to the Texas electricity grid could have saved customers an average of $155 to $281 per megawatt hour (MWh) and that avoiding fuel, operations and maintenance costs associated with fossil fuels plans could have saved customers an additional $52 per MWh. Together, the total customer benefits of adding solar PV to the Texas grid was valued at more than $520 million.
The report, “The Potential Impact of Solar PV on Electricity Markets in Texas,” was funded by the Energy Foundation and the Solar Energy Industries Association. The report findings are supported by the Texas Clean Energy Coalition.
To read the report, click here.