levelized cost of energy
for example if a solar energy system costs $ 10000 to install after all rebates and it provides 100000 kwh of electricity over its life then the levelized cost of the solar energy system is $ 10000 100000 kwh $ 0 10 per kwholar and renewable energy systems fix your energy cost in time once installed it will provide years of energy levelized cost is the average cost of this renewable energy