Ratepayer Benefits. This Agreement will result in ratepayer benefits, including greater reliability and lower costs. The demonstration project is estimated to save more than 160,000 therms/year, reduce electricity consumption by more than 11 million kWh per year, and reduce carbon emissions by more than 2,000 metric tons per year. Replicating this Project at all hospitals in the Los Angeles Basin would save more than 50,000,000 therms of natural gas, equal to 6% of the total capacity of the Aliso Canyon natural gas storage facility - providing direct reliability benefits to ratepayers in the LA Basin.
Ratepayer Benefits. 2 The project will primarily result in the ratepayer benefits of lower costs and greater electricity reliability (secondary) by streamlining the DER interconnection process and the DER integration with utility control systems. The project will likely result in the ratepayer benefits of greater electricity reliability and increased safety by facilitating the integration of microgrids and by automating the interconnection of DER.
Ratepayer Benefits. This Agreement will result in the ratepayer benefits of reduced risk associated with the operation of natural gas pipelines, increased energy delivery reliability, and lowered barriers of smart technology adoption. Technological Advancement and Breakthroughs: This Agreement will lead to technological advancement and breakthroughs in smart shutoff technology regarding smart sensors, shutoff valves, and software integration to improve safety and prevent natural gas leaks in commercial/residential buildings. Overcoming these barriers will help the State of California achieve its statutory energy goals by preventing natural gas leaks and lowering the emission’s footprint of natural gas.
Examples of Ratepayer Benefits in a sentence
Ratepayer Benefits: This Agreement will result in the ratepayer benefit of greater electricity reliability by more informed planning and operations of California electrical utilities that can be enabled from better understanding of impacts that may arise from climate changes and short to intermediate term climate forecasts.
Ratepayer Benefits: This Agreement will result in ratepayer benefit by improving the safety of natural gas pipelines and reducing the costs related to pipeline damage and mitigating efforts.
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Ratepayer Benefits: This Agreement will result in the ratepayer benefits of reduced net cost of natural gas to ratepayers, identification of leaks for mitigation, lower GHG emissions, improved safety, identification of options to meet regulatory goals, improved system reliability, and improvements to emission reduction programs.
Ratepayer Benefits: This Agreement will result in ratepayer benefits including increased efficiency and safety for the California natural gas system by developing a better life-cycle assessment of the gas used within the state and potentially helping with early detection of leaks in the system.
More Definitions of Ratepayer Benefits
Ratepayer Benefits. This Agreement will result in the ratepayer benefits of reduced energy utilization, reduced energy costs, and improved infrastructure resilience and reliability. The long- term value of the demonstration is expected to result in additional retrofit installations to develop cumulative and additive benefits across the state. The gas heat pumps achieve significantly greater efficiency than condensing and non-condensing natural gas boilers. Additionally, the project team expects that the deployment of gas heat pumps will yield the following qualitative benefits: Technological Advancement and Breakthroughs: 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 promoting the adoption and utilization of high efficiency gas heat pump technologies in large commercial buildings, which utilize approximately 18 percent of the state’s natural gas. Gas heat pumps have not been widely adopted in California based on relatively high upfront capital costs, which typically drive design considerations instead of focusing on the lifecycle savings from relatively low operating costs. The proposed project will demonstrate the long-term savings and value proposition of this high-efficiency technology.
Ratepayer Benefits. 2 This Agreement will result in technological advancements that will reduce reliance on IOU supplied electricity, lower costs, and increase safety. We estimate that the successful integration of Swift Solar’s cell technology will result in: ● Greater access to clean energy: Successful development and deployment of perovskite PV technology into the existing rooftop PV market will increase solar electricity output by 25%, ceteris paribus. However, perovskite technology could also increase the number of sites for which solar PV is accessible and/or cost effective. Moreover, perovskites will enable robust application of PV into consumer applications that are not practical with existing technologies. This includes but is not limited to EVs, consumer products, and specialized applications such as portable or off-grid power, and will spur innovation for further applications. ● Lower costs: Though cost-effectiveness will depend on the application, perovskite technology can generally enable lower overall costs than today’s silicon-based technology due to increased efficiency. Swift calculates that integration of perovskite-silicon tandems into EVs can reduce a typical CA driver’s annual electricity costs by up to $405 and yield a net 10-year cost savings of up to $2700. For eventual application in rooftop solar, the higher efficiency of Swift’s perovskite tandems will enable system-level cost savings and reduce the levelized cost of electricity by over 10%. ● Increased safety and reliability: Distributed solar generation will alleviate burden on the state’s complex transmission grid and help prevent tragic accidents such as the devastating fires caused by aging infrastructure. Moreover, onsite electricity generation combined with battery storage (e.g., from solar-charged EVs) will increase reliability, even during periods of grid strain.
Ratepayer Benefits. 3 This Agreement is intended to result in California ratepayer 12 benefits including: (1) reduced peak power cost, (2) power during PSPS event, (3) 13 longer life cycle than lithium battery, and (4) rapid implementation especially within 14 DACs. APH can also be used to inject water into contaminated aquifers where clay 15 layers prevent conventional recharge with percolation, diluting contamination and 16 improving water quality. The benefits will be measured and verified during the 17 demonstration test. The intended benefits are detailed in Table 3: Benefits and Co- 18 Benefits in the Project Narrative of the Recipient’s proposal. Ratepayer benefits will be 19 obtained from: 20 • Reliability improvements for the grid from 10 hours to 100+ hours of energy 21 discharge for PSPS event; 23 • Cost benefits are expected from lower installation cost, lower life cycle cost, 24 competitive capacity costs and reduced transmission needs due to distributed 25 power sources; and 27 • Safety benefits due to no thermal runaway risk and less GHGs due to improved 28 renewables penetration.
Ratepayer Benefits. 2 This Agreement will result in the ratepayer benefit of lower electricity costs by providing a new kind of distributed light source that is 50 to 60 percent more energy efficient than the incumbent linear fluorescent lights it will replace. In addition, it will contribute to improving grid reliability by reducing peak demand and electric grid loads associated with lighting in buildings and to increase safety by eliminating the need of periodic discarding of mercury-containing fluorescent tubes and the associated risk of hazardous materials release into the environment. 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 cutting the cost of replacing the fluorescent light fixtures with LED sources in commercial and residential sectors and lowering the barriers for transitioning to more energy-efficient and environmentally friendly lighting. It will also contribute to meeting the statewide goals of energy use reduction and Zero Net Energy buildings.
Ratepayer Benefits. 2 This Agreement will result in the ratepayer benefit of extended range anxiety and reduced up-front cost of electric vehicles (EVs) while paving the way to greater electricity reliability, lower costs, and increased safety by accelerating a 100 percent decarbonized electricity grid. This implementation of vehicle-to-grid controlled charging, both single- and bi-directional, can improve electricity grid efficiency by optimizing charging times to level out peak ramping and reduce the need for more conventional baseload generation. By lowering the cost of battery storage below $100/kWh, Recipient’s membrane technology for Li-batteries will lower barriers to EV adoption, helping California reach milestones of the Zero Emission Vehicle program and reducing consumer energy bills by broadening the base of ratepayers to include large EV fleets. Lowered financial burden from utility bills will ensure that all Californians can enjoy the same access to renewable and efficient energy and the commensurate health and safety benefits. 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 scaling up production of advanced battery membranes for market facilitation of zero emission vehicle battery packs and ultra-low-cost system-level storage that enables renewable resources to displace gasoline and natural gas assets. This innovative membrane is vital to expanding safe, energy-dense batteries capabilities to power electric vehicles beyond the normal mile range. The Recipient’s membrane technology provides near-term benefits for current market Li-ion batteries and is adaptable to the evolving battery platform.
Ratepayer Benefits. 2 The project will result in the ratepayer benefit of lower costs by reducing the costs of installing solar power plants and increasing the amount of energy generated by each solar module in those power plants. Technological Advancement and Breakthroughs:3 The project will lead to technological advancement and breakthroughs to overcome barriers to the achievement of the State of California’s statutory energy goals by increasing the available land for installing solar power plants, and reducing the cost of the energy produced by those power plants. This will enable faster adoption and installation of solar power throughout California.
Ratepayer Benefits. This Agreement will result in the ratepayer benefits of lower costs and increased safety by increasing operational efficiency and providing more detailed information about utility infrastructure data. This system will provide visualizations in near-real-time. Additional analytics built into the office-side platform can help provide insight into maintaining a more reliable, safer gas system. Technological Advancement and Breakthroughs: 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 introducing and enhancing three-dimensional (3D) spatial data capabilities and making field-based data more accessible in real-time.