Costs and Benefits

Photovoltaic solar technology efficiencies have improved while costs have dropped significantly making the price comparable to on-peak utility rates. As renewable energy certificates generated by replacing fossil fuel based utility generation are an attribute that can be sold, the client has an option to derive additional long term financial benefits which go beyond energy savings.

Benefits:

• Fix your electricity rates in to the future
• Meet peak electricity demands at an affordable rate for the next 30 plus years of the life of your system.
• Use electricity as it is produced. Why pay for transmission losses?

Conventional fossil fuel based electricity rates will continue to rise due to an increase in oil, gas and coal prices. With declining fossil fuel reserves and an ever growing energy demand electricity rates will continue to climb. Due to climate change and environmental concerns the costs of control technologies for carbon dioxide (greenhouse gas), nitrogen oxide, sulfur dioxide and mercury will further drive electricity rates.

The above is only a small part of true environmental cost that we are going to pass on to our coming generation. Therefore, we have to look at our future electricity needs without damaging the environment.