Electricity Monthly Update
Below we look at monthly and annual ranges of on-peak, daily wholesale prices at selected pricing locations and daily peak
Table 1 shows the peak-valley electricity price data of the region. The valley electricity price is 0.0399 $/kWh, the flat electricity price is 0.1317 $/kWh, and the peak electricity price is 0.1587 $/kWh. The operation cycles (charging-discharging) of the Li-ion battery is about 5000–6000.
Among the four groups of electricity prices, the peak electricity price and flat electricity price are gradually reduced, the valley electricity price is the same, and the peak-valley electricity price difference is 0.1203 $/kWh, 0.1188 $/kWh, 0.1173 $/kWh and 0.1158 $/kWh respectively. Table 5. Four groups of peak-valley electricity prices.
As the peak-valley electricity price difference, annual average irradiance and annual average wind speed decrease, the optimal allocation capacity and the annual net revenue of the BESS also decrease.
That's based on data collected by the Energy Information Administration, updated annually. The typical monthly consumption is 855 kWh, with an average price of 16.44¢ per kilowatt. The average American home uses 10,260 kWh annually. That's the average. But in reality, electricity bills, price per kWh and usage vary by state.
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