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.
The report comes on the heels of news that unsubsidized solar is now cheaper than fossil fuels in many countries for large-scale electricity generation. Solar prices will continue dropping, and within a decade or two solar energy will be half the cost of coal or natural gas.