ELI5/ Why is the cost of electricity constantly increasing despite the increasing amount of renewable and green energy?

Question

I understand there is installation, maintenance and servicing costs, but shouldn’t the free power from the sun, wind and tidal eventually pay this off and start providing free power?

In: Engineering

Answer 1

There is no such thing as free anything. The sun, wind and water don’t turn themselves into electric power. There are costs associated with each. Not to mention cost of distribution and, as mentioned previously, growing demand.