But by the same token, a kilowatt-hour of this high-quality electricity can be used to pump several kilowatt-hours of heat into a building using a heat pump.
Operating 8,000 hours per year in lieu of electrical conditioning selling for 5-10 per kilowatt-hour, it would save $200,000-$400,000 in energy bills annually.
Electrical energy is sold in kilowatt-hours; cost of running equipment is the product of power in kilowatts multiplied by running time in hours and price per kilowatt-hour.