Solar Benefits
Although solar is the largest implemented distributed generation technology, PARGEN deals with all types of Distributed Generation Technology.
DISTRIBUTED GENERATION
Distributed Generation refers to power generated from a wide range of technologies and varying in size. The one common element of most distributed generation projects is that they are located “on-site” and are designed to make minimal direct use of the existing transmission grid. Distributed Generation is focused on renewable energy, such as solar, fuel cell, batteries, storage, wind, gen sets, micro turbines and micro grids and it replaces the utilities delivery of energy. The energy is produced and distributed “behind the meter”, thereby reducing the electricity demand on the utility.
ADVANTAGES OF DISTRIBUTED:
Financial Savings – Power generated and distributed “behind the meter” reflects a reduction of utility bills.
If financed through a Power Purchase Agreement, no capital investment is required by the customer.
Environmental – The energy created and distributed must be greener than that of the utility, thereby providing a cleaner and more environmentally–friendly power.
Reliability – Increased electric system reliability. In a grid independent mode, the distributed generation system can run emergency or back-up loads in times of grid congestion.
Surety of Price – Levelized pricing. Capital cost amortized over time can have a lower levelized cost of energy (LOCE) than the utility with annual escalation of their tariff rates.