Solar farm energy prices

[EddieSteadyGo]

I'm curious if anyone here knows the approx current prices that a 1 MW solar farm could expect to receive if they were to sign a long term power purchase agreement?

Looking online it seems prices seem to be around £60 per MWh which is only 6 pence per kWh, and that doesn't seem like much considering the current 'retail' price of electricity, so I'm wondering if I'm missing something?

I do realise there are probably a lot of variables, and getting such a system setup and approved would be quite a lot of work, but interested to know if the £60/MWh is roughly about right or if the market rate is now higher?

[EddieSteadyGo]

coetzeeh said:

The 6p you mention is the commodity price only. Now add all the non comm costs such as Transmission cost, Distribution, green taxes, supplier margins, metering costs and that adds another 15p on top.

Oh right, that's a good point and explains the reason why the price a consumer pays for their electricity is so much higher.