Council Tax and how it is calculated. Council Tax and how it is calculated. Council Tax is a locally set tax that is payable on all domestic properties whether owned or rented. Council Tax is your contribution to the many services the Council provides such as: schools. roads. libraries. support for the vulnerable. rubbish collection.
According to a study by the investment banking firm Lazard, the cost of utility-scale solar energy is as low as 5.6 cents a kilowatt-hour, and wind is as low as 1.4 cents. In comparison, natural gas comes at 6.1 cents a kilowatt-hour on the low end and coal at 6.6 cents. Without subsidies, the firmâs analysis shows, solar costs about 7.2 cents a kilowatt-hour at the low end, with wind at 3.7 cents.
Capital costs. A kilowatt is a unit of electrical power capacity. According to a U.S. Energy Information Administration, or EIA, report published in April 2013, the cost of building a utility-gradeâgreater than 150 MW (megawatt)âsolar power plant was $3,873 per KW (kilowatt). solar power plant is one of the cheapest to operate because there are no fuel costs involved. A solar PV (photovoltaic) power plant requires fixed expenses of $11.40 per megawatt hour, or just 1.14 cents per unit.