The impact of retail electricity tariff evolution on solar photovoltaic deployment

Abstract

This analysis explores the impact that the evolution of retail electricity tariffs can have on the deployment of solar photovoltaics. It suggests that ignoring the evolution of tariffs resulted in up to a 36% higher prediction of the capacity of distributed PV in 2050, compared to scenarios that represented tariff evolution. Critically, the evolution of tariffs had a negligible impact on the total generation from PV—both utility-scale and distributed—in the scenarios that were examined.