Oireachtas Joint and Select Committees
Tuesday, 16 April 2019
Joint Oireachtas Committee on Communications, Climate Action and Environment
Microgeneration Support Scheme Bill 2017: Discussion (Resumed)
Mr. Peter O'Shea:
It should be the wholesale price of electricity. On average, the price is approximately 5 cents per kWh. That is the average across the day. That price is influence by a low price at night and a high price during the day. It is during the day that the sun shines. If we were to go with the wholesale price of electricity under the integrated single electricity market, I-SEM, it would result in a price somewhere north of 5 cents per kWh. That price reflects the value of the electricity on the system at any point in time.