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1 day ago · With a price of $1,200/m 2 ($110/sq ft), a yield of 70 kilowatt-hours per square metre per year (6.5 kWh/sq ft/a) and a lifetime of 20 years, a kWh price of $0.86 can be calculated. Compared to an offshore windfarm the cost are four times higher (average kWh price $0.19). As comparison conventional electricity costs are around $0.05 per kWh.
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At Philippine peso (PhP) 2.50–5.30 (USD0.05–0.10) per kilowatt-hour (kWh) excluding financing costs, rooftop solar can deliver lower-cost energy than conventional coal-fired power plants and unlock as much as PhP1.5 trillion (US$2.8 billion) in new investment by 2030, according to a 2019 study from the Institute for Energy Economics and Financial Analysis (IEEFA).