Solar (& Wind) Making Electricity Cheaper in Australia

Solar power has $0 in fuel costs. Yes, you knew that, of course. But did you know that, because of that, solar power drives down the cost of electricity? (Wind does, too — for the same reason). However, it’s wholesale electricity prices that it forces down, and those aren’t always passed on to consumers. Here’s more via CleanTechnica:

Wind & Solar Pushing Down Price of Electricity in Australia (via Clean Technica)

 Editor’s note: as briefly mentioned below, this same thing has happened in Germany, which we’ve written about several times; and it has happened in Texas and several other places, and will happen anywhere there is strong renewable energy penetration. For more on this, take a stroll through our…