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

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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

28 Answers

Anonymous 0 Comments

Depending on your location, the power company can be a for-profit industry. People on municipal power may not feel the rise in prices as rapidly since there isn’t the requirement they turn profits.

The other note is that populations keep rising, so you end up needing to serve more people and more electrical items.

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