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

Green energy is cheaper but it’s a relatively small percentage of electricity.

As it grows we likely see it go flat.

People forget inflation comes from individual pieces of the basket and renewables have been falling in price so they will lower inflation.

Also generation is getting cheaper but it’s not all the time so we need more expensive peaker plants or batteries. Batteries have broken through and become a great option recently.

Also transmission is fixed.

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