Phoenix Solar Greece 
Grid Parity
The grid parity of solar electricity means that the price of generating one kilowatt hour of solar electricity is no higher than the end consumer price for electricity from the mains socket. Net parity is therefore tied to the location of consumption, as solar electricity is often generated where it is consumed. The definition of net parity is not therefore a comparison between the production costs of solar electricity and those of energy generated from fossil-based sources.