Lowered utility buyback rate slows cogenerator's payback

Journal Article · Sun Nov 28 23:00:00 EST 1982 · Energy User News; (United States)

OSTI ID:6451783

Weaver, M

If Pacific Gas and Electric Co.'s buyback rate for cogenerated power had been in effect two years ago, Continental White Cap Inc. would not have invested in the project. The utility's 8.1 cents/kWh rate of two years ago gave a 4.1-year payback, but today's 5.85-cent rate extends the payback to an unacceptable 5.1 years. Utility buyback rates are based on avoided costs that depend primarily on the utility's fuel mix. The rapid drop occurred when the utility switched from oil to natural gas. (DCK)

• OSTI ID: 6451783
• Journal Information: Energy User News; (United States), Journal Name: Energy User News; (United States) Vol. 7:48; ISSN EUSND
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
290800* -- Energy Planning & Policy-- Heat Utilization-- (1980-)
296000 -- Energy Planning & Policy-- Electric Power
32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
320603 -- Energy Conservation
Consumption
& Utilization-- Municipalities & Community Systems-- Public Utilities-- (1980-)
COGENERATION
DEUS
ECONOMICS
ELECTRIC POWER
ENERGY SYSTEMS
PAYBACK PERIOD
POWER
POWER GENERATION
PRICES
RATE STRUCTURE
STEAM GENERATION