Due to the unprecedented solar activity and the prevalence of solar panels in March 2017, the price of electricity in California fell below zero dollars. About it reports The Independent.
Negative values were recorded for the largest energy exchange in the state, the California Independent System Operator’s (CAISO) in early March — then the level of solar activity is high, and consumption is reduced. For several hours solar energy contributed 40 percent of all electricity coming into CAISO.
However, the energy consumers in California are still paying for electricity average price, which for residents of this state remains one of the highest in the country.
As specifies the edition, now in California is generated out of sunlight 14 gigawatts of energy, while in 2007 this figure does not hold up to one gigawatt.