Electricity pricing (sometimes referred to as electricity tariff or the price of electricity) varies widely from country to country, and may vary signicantly from locality to locality within a particular country. There are many reasons that account for these differences in price. The price of power generation depends largely on the type and market price of the fuel used, government subsidies, government and industry regulation, and even local weather patterns.
Read more about Electricity Pricing: Basis of Electricity Rates, Price Comparison, Global Electricity Price Comparison, Forecasting
Famous quotes containing the word electricity:
“Prudence and justice tell me that in electricity and steam there is more love for man than in chastity and abstinence from meat.”
—Anton Pavlovich Chekhov (1860–1904)