The amount of power made available by an energy producer (such as a power plant) to meet fundamental demands by consumers.
A community solar farm or garden is a solar power installation that accepts capital from and provides output credit and tax benefits to individual and other investors. In some systems you buy individual solar panels which are installed in the farm after your purchase.
The total power required by a facility.
Direct Current (DC) is the one directional flow of electric charge. Direct current may flow through a conductor such as a wire, but can also flow through semiconductors, insulators, or even through a vacuum as in electron or ion beams.
An electrical grid, electric grid or power grid, is an interconnected network for delivering electricity from producers to consumers.
A form of energy resulting from the existence of charged particles (such as electrons or protons), either statically as an accumulation of charge or dynamically as a current.
Engineering, procurement, and construction (EPC) contracts are the most common form of contract used to undertake construction works by the private sector on large-scale and complex infrastructure projects.
An energy service company (ESCO) is a business that provides a broad range of energy solutions including designs and implementation of energy savings projects, retrofitting, energy conservation, energy infrastructure outsourcing, power generation and energy supply, and risk management.
Environmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. Environmental criteria consider how a company performs as a steward of nature. Social criteria examine how it manages relationships with employees, suppliers, customers, and the communities where it operates. Governance deals with a company’s leadership, executive pay, audits, internal controls, and shareholder rights.
A unit of electric power equal to one billion watts.
A wide area synchronous grid (also called an "interconnection" in North America) is an electrical grid at a regional scale or greater that operates at a synchronized frequency and is electrically tied together during normal system conditions.
A measure of 1,000 watts of electrical power.
A measure of electrical energy equivalent to a power consumption of 1,000 watts for 1 hour.
A unit of power equal to one million watts, especially as a measure of the output of a power station.
Net metering is an electricity billing mechanism that allows consumers who generate some or all of their own electricity to use that electricity anytime, instead of when it is generated. This is particularly important with renewable energy sources like wind and solar, which are non-dispatchable.
Peak hours also known as on-peak hours are when electricity demand is the highest, you pay the highest amount per kWh. In the summer, these hours are typically from 10:00 am- 8:00 pm during weekdays. In the winter, these peak hours are typically around 7:00 am to 11:00 am and 5:00 am to 9:00 pm.
A power purchase agreement, or electricity power agreement, is a contract between two parties, one which generates electricity and one which is looking to purchase electricity.
Solar Renewable Energy Credits are a form of Renewable Energy Certificate or "Green tag" existing in the United States of America.
Time-of-use metering is a method of measuring and charging a utility customer's energy consumption based on when the energy is used. Utility companies charge more during the time of day when electricity use is higher. TOU rates vary by region and utility.