{"id":2651,"date":"2011-12-15T16:20:51","date_gmt":"2011-12-15T21:20:51","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=2651"},"modified":"2011-12-15T16:20:51","modified_gmt":"2011-12-15T21:20:51","slug":"sun-powered-schools-save-30m","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2011\/12\/15\/sun-powered-schools-save-30m\/","title":{"rendered":"Sun-Powered Schools Save $30M"},"content":{"rendered":"

Hawaii Pacific Solar will install solar panels at [15 Kauai schools in Hawaii] at no cost to the state. The department will buy electricity generated by the panels from Hawaii Pacific Solar [at] a rate of about 16.9 cents per kilowatt hour. The rate will rise to 28 cents an hour over the course of the 20-year contract.<\/p>\n

…….The department will save an estimated $30 million over the life of the project, Abercrombie’s office said. The forecast assumes commercial electricity rates will increase an average of 3 percent per year.<\/p>\n

via Sun-Powered Schools Save $30M<\/a>.<\/p>\n

Comment: ~ According to the EIA<\/a>, average US retail price for electricity was 12.17 cents per kWh in August 2011 while industrial usage averaged 7.47 cents per kWh and commercial 10.83 cents per kWh. Prices increased on average by 1.3 percent from August 2010.<\/p>\n

Rates vary from 20 to 45 cents per kilowatt hour on the islands, according to Hawaiian Electric Company<\/a> (HECO). They explain:<\/p>\n

“The cost of electricity in Hawaii is higher than on the U.S. mainland for a number of reasons. In Hawaii the electrical systems on each island are independent. Because there are no neighboring utility companies from which to draw power in the event of a problem, we must have reserve generating capacity and multiple distribution routes. This increased infrastructure is paid for by a small population.<\/p>\n

Additionally, our use of oil to produce electricity drives up costs. Mainland states primarily use lower-cost resources that aren\u2019t readily available here. To reduce Hawaii\u2019s use of oil, protect our environment, and improve energy security, we are committed to significantly increasing our use of renewable energy resources.”<\/p><\/blockquote>\n

So the solar solution is only relevant to Hawaii because of high local electricity costs. It would only be viable for mainland (commercial) use if solar electricity charges could be reduced by 36 percent. And it would be a brave man\/woman who commits to a 20-year escalation at 2.5 percent.<\/p>\n

Renewable energy sources remain on the fringe, contributing less than 4.9 percent of the national total if we exclude hydroelectric power. Other Energy Sources<\/em> comprises biomass, geothermal, solar, wind and other miscellaneous energy sources:<\/p>\n

\"US<\/p>\n","protected":false},"excerpt":{"rendered":"

Hawaii Pacific Solar will install solar panels at [15 Kauai schools in Hawaii] at no cost to the state. The department will buy electricity generated by the panels from Hawaii Pacific Solar [at] a rate of about 16.9 cents per kilowatt hour. The rate will rise to 28 cents an hour over the course of … <\/p>\n

Continue reading “Sun-Powered Schools Save $30M”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22],"tags":[1656,2910,3175],"class_list":["post-2651","post","type-post","status-publish","format-standard","hentry","category-other","tag-hawaii","tag-renewable-energy","tag-solar-energy"],"yoast_head":"\nSun-Powered Schools Save $30M - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sun-Powered Schools Save $30M - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Hawaii Pacific Solar will install solar panels at [15 Kauai schools in Hawaii] at no cost to the state. 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The plummeting price for photovoltaic electricity means that installations are spreading beyond states like California that feature both high electricity prices and generous subsidies\u2026","rel":"","context":"In "General"","block_context":{"text":"General","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/other\/general\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":15111,"url":"https:\/\/thepatientinvestor.com\/index.php\/2017\/04\/07\/record-amount-of-renewable-energy-capacity-added-in-2016-dw-com\/","url_meta":{"origin":2651,"position":1},"title":"Record amount of renewable energy capacity added in 2016 | DW.COM","author":"ColinTwiggs","date":"April 7, 2017","format":false,"excerpt":"Global renewable energy capacity jumped eight percent last year despite a 23 percent drop in investment. Falling renewable energy prices are driving a build-up of capacity. The world added a record amount of renewable energy in 2016 despite a sharp drop in investment, the UN said Thursday, largely due to\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":52883,"url":"https:\/\/thepatientinvestor.com\/index.php\/2024\/05\/16\/made-in-australia\/","url_meta":{"origin":2651,"position":2},"title":"Made in Australia","author":"Colin Twiggs","date":"May 16, 2024","format":false,"excerpt":"The Australian labor market remains tight, even with unemployment rising to 4.1% in April. The trend (light blue) is at 4.0% -- still well below its pre-pandemic low of 5.0%. The economy is growing, with aggregate hours worked rising to 1,962m in April. The trend (light blue) still points upward.\u2026","rel":"","context":"In "Australia & NZ"","block_context":{"text":"Australia & NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"Unemployment","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-05-15-aus-u3.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-05-15-aus-u3.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-05-15-aus-u3.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":7107,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/03\/22\/exploding-australias-nuclear-delusion-business-spectator\/","url_meta":{"origin":2651,"position":3},"title":"Exploding Australia’s nuclear delusion | Business Spectator","author":"ColinTwiggs","date":"March 22, 2013","format":false,"excerpt":"Geoff Russell writes: France has been producing most of its electricity using nuclear power stations for an average carbon dioxide intensity of about 80 grams of CO2 per kilowatt hour (gm-CO2\/kWh) for two decades. In that time, Australia's electricity has just gotten dirtier, rising from 817 in 1990 to 841\u2026","rel":"","context":"In "Australia & NZ"","block_context":{"text":"Australia & NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10561,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/08\/06\/solar-and-wind-power-more-expensive-than-thought\/","url_meta":{"origin":2651,"position":4},"title":"Solar And Wind Power More Expensive Than Thought","author":"ColinTwiggs","date":"August 6, 2014","format":false,"excerpt":"A new paper from Charles Frank an economist at the Brookings Institution, a Washington think tank, argues that wind and solar power are not economically viable: The paper examined four kinds of carbon-free energy \u2013 solar, wind, hydroelectric and nuclear \u2013 as well as low-carbon gas generation, and compared them\u2026","rel":"","context":"In "Interests"","block_context":{"text":"Interests","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/interests\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":13137,"url":"https:\/\/thepatientinvestor.com\/index.php\/2016\/04\/14\/pros-and-cons-of-scrapping-dividend-imputation\/","url_meta":{"origin":2651,"position":5},"title":"Pros and cons of scrapping dividend imputation","author":"ColinTwiggs","date":"April 14, 2016","format":false,"excerpt":"From Matthew Smith | 14 Apr 2016: In a low-growth economy \u2014 which we are in \u2014 any barrier to future growth is fair game to be considered for removal, so it should come as no surprise that Australia\u2019s beloved dividend imputation system is the target of some debate. 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