Sentences with phrase «cost electricity customers»

Not exact matches

While such a significant amount of electricity usage might go unnoticed in large metropolitan areas, the sheer amount of electricity being used is leading to higher costs for customers in small communities because of a limited supply of low - cost hydropower.
The threat, often referred to as the «utility death spiral,» goes like this: as customers choose to install solar panels or adopt energy efficiency measures, a utility will sell fewer units of energy and has to increase what it charges for electricity to ensure that it can still cover its fixed costs, such as grid maintenance and labor.
The NPP's promise to pay all arrears owed contractors in 100 days, pay all customers of DKM, reduce corporate tax from 25 % to 20 %, reduce import duties on raw materials and machinery for production, reduce drivers» insurance levies and cost of driver's license; and instant reduction of electricity tariffs and transport fares were all not captured in the budget.
Gronet declined to reveal the cost of manufacturing solar cylinders or the price tag of electricity it delivers — primarily because if they are able to deliver lower cost electricity they want to preserve that extra profit for their customers, he admits.
With these homes making their own electricity, utilities lose their most lucrative customers and confront a dwindling base over which to spread big infrastructure costs, like building new power plants or maintaining the grid.
At the same time, he added, the government's feed - in tariff, the costs of which are shared by the government and electricity customers, has resulted in «more and more consumers hav [ing] to pay higher electricity charges to utilities.»
Through Catalyst, communities of innovators use software, data, algorithms, and automation to drive down non-hardware solar soft costs — like permitting, financing, and customer acquisition — that today make up more than half of the cost of a solar electricity system.
The report, «Beyond Renewable Portfolio Standards: An Assessment of Regional Supply and Demand Conditions Affecting the Future of Renewable Energy in the West,» compares the cost of renewable electricity generation (without federal subsidy) from the West's most productive renewable energy resource areas — including any needed transmission and integration costs — with the cost of energy from a new natural gas - fired generator built near the customers it serves.
The customer can also recharge the battery in the middle of the night, when prices are lowest in some markets, and then use the electricity during the day to reduce energy costs.
If you think that is an idle boast, Visionect is confident enough in the Place & Play device's ultra light energy consumption to offer to cover an entire decade's worth of device - related electricity costs for each of their Onethree customers.
The company touts the offering as a way for businesses or commercial customers to cut energy costs by using stored electricity when the sun is not shining.
Our expert energy storage team has done a great job of revolutionising how to couple solar and energy storage in the UK to reduce electricity costs for industrial customers.
Along with high electricity costs, C&I customers face business interruption from unplanned outages.
Since North Carolina does not have any laws requiring virtual net metering for cooperatives or investor - owned utilities, these bill credits are nearly always based on the utility's avoided cost of energy as opposed to a credit calculated at the full retail rate of electricity (in other words, the per kWh credits are less than the per kWh price customers pay for their electricity consumption).
The less well off will now buy their electricity from a company that has lost customers but not reduced their fixed costs by an equal amount.
To maximize these benefits for Ontario customers, all new generation needed in the coming years should be procured competitively in order to secure the lowest - cost non-emitting electricity generation, as this provides the best value for consumers.
(Originally published on SolarLove.org) The future in which power company customers transitioning to solar electricity generation can choose to either maintain grid connection or cost - effectively generate off - grid has arrived.
The report stated: «The agility with which networks connect, integrate and incentivise new, lower carbon energy choices will directly influence the cost, fairness, security and reliability of the electricity system for customers
«The case for preserving an electric utility's monopoly over electricity generation died with federally induced wholesale competition in the late 1970s and with the recent advent of customer - owned and cost - effective rooftop solar,» said John Farrell, director of the Energy Democracy Initiative at the Institute for Local Self - Reliance.
«Pleasant Valley will deploy efficient, cutting edge technology to generate carbon - free electricity while providing meaningful cost savings to Xcel Energy's customers in south - eastern Minnesota,» said Rob Morgan, Chief Development Officer of RES Americas.
The costs of those bad decisions will be borne by the monopoly customers of their retail electricity and natural gas distribution systems.»
These flexibility needs are rapidly expanding as a result of numerous industry trends: (a) recognition by policymakers that renewable energy resources are needed to meet long - term emissions reductions goals; (b) customers» increasing desire to voluntarily procure renewable energy or generate electricity on - site; and (c) substantial technological improvements that have driven down the cost of renewable resources to the point where, even before accounting for tax incentives, they are the lowest - cost option for new generating plants in some regions of the country.
Well, in 2006 the group provided $ 100,000 to support the work of Patrick Michaels, one of the country's most distinguished climatologists and a prominent skeptic, and in general IREA opposes measures that drive up electricity costs for customers, such as requirements for the use of high - cost non-carbon energy.
That would shift even more of the cost of imposing a 25 percent wind mandate onto Michigan electricity customers.
Good point on the cost thing, although the Hyperion site makes it abundantly clear that it's not targeted at commercial / residential uses (even though everyone converts the electricity output to «houses powered», including me)-- they're targeting high energy - use industrial customers, and such customers might find paying $ 30 million for a 20 MW transportable, pre-fab power plant that doesn't need hundreds of miles of power lines or a year to build a bargain.
A residential SunPower system can help customers save on annual household electricity costs as well as power their electric vehicle, reducing overall cost of ownership.
Critically important, however, is the fact that the cost of this electricity to distribution companies and their electric customers would be even higher if it were not for the tax breaks received by the companies generating the «renewable» electricity — the costs of which are transferred to ordinary taxpayers.
But the utility shut down the carbon capture equipment in 2011 because it could not sell the carbon dioxide or recover the extra cost from its electricity customers, and the equipment consumed so much energy that, at full scale, the project would have sharply cut electricity production.
Due to a rate freeze recently accepted by PNM, its customers may be protected from some of the extra costs of electricity from the wind farm until the «freeze» ends (but apparently not from any voluntarily accepted «premium» rates for «green» electricity or if NM adopts a «Renewable Portfolio Standard»).
(October 2, 2017) Nalcor's Muskrat Falls hydro project will cost more than double original estimates, is years behind schedule and will impose triple - digit rate increases on electricity customers when it starts producing power.
When these costs are not recovered from customers paying «premium» prices for «green power,» they are loaded in the bills of customers using electricity from «conventional» sources.
The annual total of $ 1.5 million is claimed «economic benefits» is equal to about 12.6 % of the $ 11.88 million in EXTRA costs loaded on electric customers each year if the full, true costs of the electricity from the «wind farm» were only $ 0.02 per kWh above the cost of electricity from other sources (i.e., 594,206,000 kWh x $ 0.02 per kWh = $ 11,884,120).
Texas sun is ample but solar is not cost - effective for NRG Home's 1.7 million Reliant retail electricity customers in the state because policies are not supportive and the price of electricity is very low, McBee explained.
Your customers will appreciate your commitment to renewable energy and a reduced carbon footprint while you will enjoy the lasting financial benefits of consistently low and predictable electricity costs and favorable cash flows.
A cost for the electricity from utility - scale solar and from both customer - owned and customer - leased systems was generated for each scenario.
«Whether «front of meter» or aggregated customer - sited (behind the meter) storage, energy storage solutions - as part of the electric grid «tool - kit» - not only provide benefits to the environment and the grid, but can also help customers manage electricity costs
About 78 % of #cleanenergy customers say the future cost of electricity is an important motivation in their decision to purchase a clean energy technology.
According to ALEC, third - party sales «creat [e] special markets» and increase «subsidies, electricity costs, and taxes while shifting costs to non-solar customers
Under net metering, excess electricity generated by the solar installation is valued at the same retail rate customers would pay the utility for it, which allows them to cancel out the cost of electricity they purchase from their utility at other times.
This is what the NSW Independent Pricing and Regulatory Tribunal had to say about price impacts on energy and price rises in the state: «From July 2012 the cost of complying with green schemes will contribute around $ 316 on average to an indicative regulated electricity customer's bill in NSW.
The report does not even note the fact that the electric customers would bear millions of dollars in extra costs because electricity from the «wind farms» would cost more than electricity from other sources.
Customers also appreciated being able to charge their vehicles in the workplace or at home, at an average cost of between $ 1 and 2 per 100 km on their electricity bills.
This rate structure gives customers the opportunity to lower electricity costs by shifting usage off - peak times of the day or week.
For many customers, the combined cost of their monthly lease payment and the cost of their new electricity bill is less than the cost of their old electricity bill, meaning they save money from the moment the system is installed.
Synapse evaluates the costs and benefits, potential, and policy treatment of distributed generation (DG)-- a broad set of electricity generating technologies that are located on or near customer sites or within distribution systems.
Customers usually receive some sort of compensation for excess electricity generated, often called «Net Surplus Compensation,» which reflects the cost savings for the utility company for those kWh.
«We invest in our own renewable energy sources so that we can control our exposure to fluctuating electricity costs and continue providing great value to our customers
However, experience has shown that mandating purchase or specific levels of market share tend to increase customer costs or distort the efficiency of electricity markets.
Its Grid - Supply Option compensates DER owners for electricity their systems sell to the grid at $ 0.180 per kWh which is a «cost effective rate for all customers, but which nevertheless does not significantly lengthen the payback period.»
Synapse researches and analyzes the benefits and costs of renewable resources for electricity customers and for society as a whole.
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