Benefits to the Utilities Optimum Location for PV systems
Under the current incentives such as the zero net metering or third party ownership, PV systems are installed regardless of the need or the condition of the local distribution transmission lines. With the solar PV systems installed at electric utilities' expense, the electric utilities choose where to emphasize installations based on the need for local renewable distributed generation, and then negotiate with those building owners.
Marketing Education and Outreach
The Energy Credit Card brings many benefits to utilities including;
With the Brobeck Solar Energy Credit Card payment system electric utilities own the PV systems. All the energy produced by the solar PV system on the customer's roof is fed directly on to the grid. Thus, electric utilities will continue to supply the building owners with electricity and the customer will continue to purchase electricity from the electric utility.
With the Brobeck Solar Energy Credit Card, the electric utility will see a $17,000,000 positive shift in revenues during the life of the solar PV system (35 years) Meeting RPS mandates
While renewable portfolio standards have promoted solar PV installations, states like California are lagging behind current requirements. At the same time, there are proposals on the table to increase these mandates, putting utilities even further behind. Several risk factors, in California for example, have been identified that inhibit solar PV systems from being installed to meet the renewable portfolio standards. They include transmission, financing, developers' inexperience and site control. The Energy Credit Card will allow the utilities to overcome many of these risks and regain their pace to fulfill today's and even the next generation renewable portfolio standards. With the local utility managing these projects many of these risk factors can be reduced. This page last modified on Friday, November 27, 2009
†Retention of Electric Customers |