Eco Source Electrical LTD | Most Reliable Online Investment

Please wait a moment,Please wait a moment . The system is receiving financial markets

Welcome to Eco Source Electrical LTD landing page

Eco Source Electrical LTD company is one of the biggest companies that are active in the field of renewable energies that has the GW12 Standards.

With the development of environmental attitudes and new strategies for the saving of fossil energy sources, the usage of renewable energy sources has come under the focus and attention of all countries around the world. The advantages of this kind of energy is that the wind turbines dont need any fuel and electricity sales price is good. ...

Learn more

Live electricity rates in all states of north America

North Carolina

Duke Energy Carolinas|Randolph Electric Member Corp

The highest electricity prices

Residential

$0.1169

$/kWh

The highest electricity prices

Commercial

$0.0957

$/kWh

The highest electricity prices

Industrial

$0.0767

$/kWh


ABOUT SOLAR POWER

Stable Energy Prices



Renewable energy is providing affordable electricity across the country right now, and can help stabilize energy prices in the future.
The costs of renewable energy technologies have declined steadily, and are projected to drop even more. For example, the average price of a solar panel has dropped almost 60 percent since 2011 [20]. The cost of generating electricity from wind dropped more than 20 percent between 2010 and 2012 and more than 80 percent since 1980 . In areas with strong wind resources like Texas, wind power can compete directly with fossil fuels on costs . The cost of renewable energy will decline even further as markets mature and companies increasingly take advantage of economies of scale.
While renewable facilities require upfront investments to build, once built they operate at very low cost and, for most technologies, the fuel is free. As a result, renewable energy prices are relatively stable over time. UCS’s analysis of the economic benefits of a 25 percent renewable electricity standard found that such a policy would lead to 4.1 percent lower natural gas prices and 7.6 percent lower electricity prices by 2030 .
In contrast, fossil fuel prices can vary dramatically and are prone to substantial price swings. For example, there was a rapid increase in U.S. coal prices due to rising global demand before 2008, then a rapid fall after 2008 when global demands declined . Likewise, natural gas prices have fluctuated greatly since 2000 .
Using more renewable energy can lower the prices of and demand for natural gas and coal by increasing competition and diversifying our energy supplies. An increased reliance on renewable energy can help protect consumers when fossil fuel prices spike.
In addition, utilities spend millions of dollars on financial instruments to hedge themselves from these fossil fuel price uncertainties. Since hedging costs are not necessary for electricity generated from renewable sources, long-term renewable energy investments can help utilities save money they would otherwise spend to protect their customers from the volatility of fossil fuel prices.

 


Contact with us anytime

With the form below you can easily Contact with us anytime

ECO SOURCE ELECTRICAL LTD
Company number 10783411
40 Broadway, London, United Kingdom, SW1H 0BU
P: +44 20 709 78917