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| Content Provider | The American Society of Mechanical Engineers (ASME) Digital Collection |
|---|---|
| Author | Stephen, A. Goodbody |
| Copyright Year | 2008 |
| Abstract | For the majority of commercial and industrial facilities in the United States, electrical power represents a significant portion of their total operating costs and a cost over which they have little or no control. The cost of electrical power has risen dramatically during the past three years, and is projected to continue to increase due to uncertainties in global fuel supply, production investments necessary to meet increasing demand, increased maintenance and repair costs of aging production and transmission infrastructure, the decommissioning and remediation of life-expired generating facilities, and the implementation of increasingly stringent pollution control measures. These trends and influences are seen, to a greater or lesser extent, across the entire nation, but their impact upon the northeast and mid-Atlantic states of Connecticut, Maryland, New Jersey and Delaware has been particularly significant. While solar photovoltaic systems can provide an excellent on-site power source for many commercial and industrial facilities, and would reduce the burden on the existing, over-stretched and aging national power transmission infrastructure, the high capital cost of solar photovoltaic systems represents a significant barrier to the wide-scale commercial adoption of this technology. In an attempt to overcome this barrier, individual states are implementing a variety of rebate and incentive programs designed to promote the installation and use of solar power systems. However a unifying Federal Renewable Portfolio Standard does not presently exist and the complex administration demand of state programs represents a further barrier to adoption for many companies. Further, while a Federal Investment Tax Credit is available, certain organizations for whom solar photovoltaic power would otherwise be an attractive cost-saving opportunity, notably municipalities and non-profits, are generally unable to take advantage of this benefit. In response to this unsatisfactory situation, Soltage, Inc. designs, installs, operates, maintains, and retains ownership of commercial-scale solar photovoltaic power stations at client sites, providing solar-generated power directly to the client. Our customers incur no capital, maintenance or operating costs, and have no administrative burden beyond purchasing solar-generated power at rates that are below their existing utility rate and which are stabilized and guaranteed into the future. For our clients, this is their most effective means of controlling and stabilizing energy expenses in the immediate and long terms. For our nation, this is the key to rapidly implementing the adoption and scale-up of solar photovoltaic power, with all of its inherent benefits. |
| Sponsorship | Advanced Energy Systems Division and Solar Energy Division |
| Starting Page | 117 |
| Ending Page | 126 |
| Page Count | 10 |
| File Format | |
| ISBN | 9780791843192 |
| DOI | 10.1115/ES2008-54247 |
| e-ISBN | 0791838323 |
| Volume Number | ASME 2008 2nd International Conference on Energy Sustainability, Volume 1 |
| Conference Proceedings | ASME 2008 2nd International Conference on Energy Sustainability collocated with the Heat Transfer, Fluids Engineering, and 3rd Energy Nanotechnology Conferences |
| Language | English |
| Publisher Date | 2008-08-10 |
| Publisher Place | Jacksonville, Florida, USA |
| Access Restriction | Subscribed |
| Subject Keyword | Solar energy systems Uncertainty Atlantic ocean Pollution control Solar energy Power stations Photovoltaic power systems Maintenance Nuclear decommissioning Fuels Electricity (physics) |
| Content Type | Text |
| Resource Type | Article |
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