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.