Ratepayer Benefits Sample Clauses

Ratepayer Benefits. 2 This Agreement will result in the ratepayer benefits of greater electricity reliability, lower costs, and increased safety by providing real time monitoring capability to track operation status, and diagnose pre-failure signs that can be used to (1) reduce O&M cost, and
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Ratepayer Benefits. 2 This Agreement will result in the ratepayer benefit of lower electricity costs by providing HVAC technology the delivers more efficient heating (70%) and cooling (33%) that translates to a California household electric bill annual savings of about $1143. It will also increase the penetration of heat pumps.
Ratepayer Benefits. 2 The goal of this Agreement is to deliver greater electricity reliability to the host site and its local community by providing backup power in the event of an unplanned outage or public safety power shutoff (PSPS). In 2019, many PG&E customers where the demonstration site is located experienced multiple PSPS events. For its demonstration at a co-op grocery store, the team will deploy on-site renewable generation, second-life batteries, and utilize energy conservation as necessary to maintain the reliability of power during PSPS events. Accordingly, this Agreement 2 California Public Resources Code, Section 25711.5(a) requires projects funded by the Electric Program Investment Charge (EPIC) to result in ratepayer benefits. The California Public Utilities Commission, which established the EPIC in 2011, defines ratepayer benefits as greater reliability, lower costs, and increased safety (See CPUC “Phase 2” Decision 00-00-000 at page 19, May 24, 2012, xxxx://xxxx.xxxx.xx.xxx/PublishedDocs/WORD_PDF/FINAL_DECISION/167664.PDF). is consistent with the CPUC’s Loading Order and has the potential to improve electricity reliability for the host site by hundreds of hours each year. The site will achieve greenhouse gas reductions via installation of rooftop solar PV and second- life EV batteries. The solar PV and battery system will be designed to reduce energy costs via on- site generation and TOU arbitrage, demand charges via peak load reduction and shifting, and greenhouse gas emissions via reduction in on-peak energy demand. The batteries are expected to further reduce net energy costs via provision of demand response services. The team will subcontract with a local solar installer to deploy the onsite renewable generation and energy storage, thus spurring economic development in a low-income community. Technological Advancement and Breakthroughs:3 Increased generation of electricity from renewable sources and reduced combustion of petroleum in vehicles are key to achievement of the state’s statutory energy goals. However, accelerating solar adoption is creating a need for affordable energy storage, and the cost of energy storage remains a barrier. The project team will improve and validate the cost, performance, and lifetime of second-life batteries when paired with solar PV at a commercial building. The team will evaluate the cost advantage of second-life batteries over new battery alternatives. Accordingly, this Agreement will remove barriers to achievement of ...
Ratepayer Benefits. 2 This Agreement will result in greater reliability in electrical services through the use of distributed energy resources to reduce electricity demand. Grid benefits will be experienced as a result of reduced electricity use achieved through the application of innovative energy efficiency technologies including phase-change materials, integrated wireless monitoring, and controls and battery storage. Combining energy efficiency and building automation with solar PV and storage systems results in a suite of IDSM technologies capable of responding to DR or wholesale market signals from utilities or the CAISO, thereby reducing grid stress and increasing grid reliability for all ratepayers at times of peak demand. Technological Advancement and Breakthroughs:3 This Agreement will lead to technological advancement and breakthroughs in automated demand response technologies, phase change materials, and wireless moniroting systems in achieving ZNE and IDSM in small commercial buildings, as well as municipally-owned, community-based learning facilities. These advancements will be brought about through the analysis and demonstration of cost-effective IDSM technologies and disseminating the results to other public agencies, policy makers and stakeholders. California has set goals for 50% of existing state-owned municipal buildings to be ZNE by 2025, and for 50% of existing commercial buildings to be ZNE by 2030. Many local government agencies are adopting similar goals for their own municipal facility portfolios via adoption of policies and ordinances. Local government efforts to achieve ZNE in existing municipal facilities will help inform broader adoption in their communities by demonstrating what technologies and approaches can be employed to achieve ZNE. Similarly, this Agreement will help inform XXX and IDSM projects 2 California Public Resources Code, Section 25711.5(a) requires projects funded by the Electric Program Investment Charge (EPIC) to result in ratepayer benefits. The California Public Utilities Commission, which established the EPIC in 2011, defines ratepayer benefits as greater reliability, lower costs, and increased safety (See CPUC “Phase 2” Decision 00-00-000 at page 19, May 24, 2012, xxxx://xxxx.xxxx.xx.xxx/PublishedDocs/WORD_PDF/FINAL_DECISION/167664.PDF). 3 California Public Resources Code, Section 25711.5(a) also requires EPIC-funded projects to lead to technological advancement and breakthroughs to overcome barriers that prevent the achieve...
Ratepayer Benefits. 2 This Agreement will result in the ratepayer benefits of lower costs, greater electric reliability, and safety. Those benefits are achieved in the following ways:‌
Ratepayer Benefits. 16 This Agreement will result in the ratepayer benefits of lower costs, increased safety, and reduced 17 GHG emissions.
Ratepayer Benefits. 2 14 The Quartet System improves grid reliability by storing thermal energy recovered from solar PV 15 panels and converts it to hot water on-demand. This helps reduce the grid demand for water 16 heating and reduces ratepayers cost burden during peak demand periods. Additionally, this 17 technology will lower the cost of solar plus storage projects by 50 percent which will accelerate 18 their installation across the state, including in disadvantaged/low-income communities. Finally, 19 microgrid generation reduces the need for long transmission and power lines, which in recent 20 years have sparked devastating wildfires in California. The Quartet System will also make the air 21 quality safer throughout the state by reducing CO2 emissions by as much as 280 metric tons per 22 year per 100-kW of the Quartet System installed. With the Quartet System, California will 23 enhance the reliability of solar energy, lower the cost of solar plus storage, and improve grid safety 24 to advance California’s 100 percent RPS goals.
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Ratepayer Benefits. 2 The perovskite top cell will be deposited on textured silicon cells, increasing energy production by 30% when the sun is near the horizon, reducing the ramp rate necessary for other grid participants, and improving reliability at future high PV penetration that is under statutory mandate. Quantitative cost estimates using the Department of Energy (DOE) Solar Energy Technology Office’s LCOE analysis framework and their cost numbers for balance-of- system indicate that the proposed PoSiT modules will provide an LCOE 30% lower than Si PV 2 California Public Resources Code, Section 25711.5(a) requires projects funded by the Electric Program Investment Charge (EPIC) to result in ratepayer benefits. The California Public Utilities Commission, which established the EPIC in 2011, defines ratepayer benefits as greater reliability, lower costs, and increased safety (See CPUC “Phase 2” Decision 00-00-000 at page 19, May 24, 2012, xxxx://xxxx.xxxx.xx.xxx/PublishedDocs/WORD_PDF/FINAL_DECISION/167664.PDF). when manufactured at scale, resulting in lower costs to ratepayers. The two-terminal tandem technology avoids fire risk upon partial shading that can occur in monolithically-integrated single- absorber or 4-terminal tandem thin-film modules due to heating from large reverse currents, increasing the safety margin of next-generation PV technology. This work will lower the cost to investor-owned utilities (IOUs) and electricity ratepayers of meeting California’s Renewable Portfolio Standard by reducing the high-efficiency PV module production costs and increasing their energy production over time.
Ratepayer Benefits. 2 This Agreement could result in the ratepayer benefits of greater electricity reliability, lower costs, and increased safety by proving a distributed, modular, scalable, and cost effective solar plus storage battery backup solution. The proposed project could enable more distributed energy resources (DERs), which effectively smooths out the demand curve. The proposed project will also benefit the ratepayers by demonstrating a simplified and affordable energy storage solution that provides greater grid reliability and grid resiliency during power outages. Finally, the proposed solar plus storage battery backup solution will be designed for the commercial market with the intent of leveraging the technology's ability to mount with rooftop mounted PV to transition to the residential market using the lessons learned from this project.
Ratepayer Benefits. 2 This Agreement will result in the ratepayer benefit of greater electricity reliability and lower costs while improving renewable penetration by • Enabling both local absorption of locally generated renewable energy as in from rooftop solar PV to charge PEVs or through responding to distribution system pricing or Demand Response signals for alleviating system-wide over-generation or ramping situations • Enabling energy consumption at local level to coincide with local generation to accomplish Zero Net Energy (ZNE) operation, which will be essential to a new construction beyond 2020 in California • Performing smart inverter functions per CPUC rule 21 to be able to respond to grid signals for Volt-Ampere Reactive control commands, also improving system power factor and therefore lowering losses in the grid • Allowing more efficient and effective use of the distribution grid by responding to grid congestion signals to modulate its own energy use profile Technological Advancement and Breakthroughs:3 This Agreement will lead to technological advancement and breakthroughs to overcome barriers to the achievement of the State of California’s statutory energy goals by:
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