The electricity generated by the photovoltaic glazing offered by Onyx Solar can cost up to 90% less than the electricity bought from the grid
Our photovoltaic glass already allows owners to generate free and clean electricity from the sun at a lower cost than the grid and for the next 25 years.
Grid Parity has arrived to many countries which can already enjoy clean electricity from the sun at a lower cost than the grid. Among them, the USA stands out; on average, each kWh generated out of our glazing is 75% cheaper than the grid.
As an example, the cost of the energy generated by a photovoltaic skylight in New York stands at $0.03 per kWh, while the cost of electricity from the grid is $0.14/kWh representing a 75% cut in energy costs for buildings in the City. On top of that, even for those states where the electricity is cheaper, such as Texas, the electricity generated by using a photovoltaic glazing is up to 60% more economic. Imagine in countries like UK, Germany, Italy or Spain where the cost of electricity is above 0,17€ per kWh.
In Onyx Solar we are fully committed to R&D activities and this has allowed us optimizing our production costs. We can contribute to the mass deployment of our products in all countries. In this sense, we must highlight that we are talking about a photovoltaic glass which is, on average, as price competitive as a non active glass, with the free electricity generation as a plus. That electricity is generated where most needed, within buildings in our cities.
It is not longer an utopia talking about greenhouse gas emission reductions or an energy model based on 100% renewable energy sources by 2050. We are already experiencing a brand new industrial revolution, the energy revolution and the low carbon economy. Welcome to the revolutionyx.
The current energy model, which is based on finite sources of fuel, is totally unsustainable. The increasing worldwide energy demand is reducing fossil reserves drastically while the environmental impact of these sources will make it a most hostile environment for the generations to come; on top of it, electricity prices keep growing, such as in Spain, where the cost of the electricity has increased by 60% over the last five years.