There are risks to entry into the EIM that must also be weighed against. The required market depth may not appear, although this does not seem likely at this stage. The likelihood of a market merger in the Enron style is almost nil due to the strict market participation requirements: distribution companies must demonstrate that they have sufficient capacity to cover their own load, so that no one is dependent on the EIM for basic electricity needs and can withdraw at any time. A more pressing concern is whether hydroelectric power will have a unique long-term value, given that a viable energy storage solution, combined with large-scale solar and wind generation, would undermine the value of hydropower. You`ve probably heard a lot about reducing energy consumption by doing things like switching to LED bulbs and adding insulation to your walls, but these fixes are relatively simple compared to the much more overflowing step of lifestyle change. Calculating CO2 emissions based on data on electricity generation and emissions for your state in 2015, as published by the U.S. Energy Information Administration. So, in theory, this is a great opportunity for SCL, but we have to do the numbers to verify that, in practice, it is a money maker. We begin by looking at the cost of joining and actively participating in EIM. After several iterations of analysis and estimates, SCL concluded that the pre-cost of joining the EIM CAISO is approximately $12.3 million.
In addition, they expect an annual cost of approximately $2.8 million. They also have “opportunity costs” as they have to use part of their transport capacity allocation for EIM operations; That`s $900,000 a year. If we expect that for the next 15 years of participation in the EIM, that is about $55 million in spending in 2017. CAISO potentially has a scheme to reduce advance costs by $1 million to $2 million by hosting and leasing the computer system that participating distribution companies need instead of buying it themselves, but it`s just a snack on the edges; advance fees will still be at least $10 million. NWES facilitates the approval of your solar installation through your distribution company`s network measurement program by providing the detailed connection application and electrical online drawing to meet your utility`s standards and requirements. And of course, we install to meet the standards of electrical code and construction. City Light offers its public and private customers electricity, electricity and conservation services.