Simple Pricing: A Hidden Advantage of the Microgrid

For many years, rate pricing was dictated by power companies as the sole monopolies in the field. As a result, consumers had to pay the rates given, with no other option to choose from. What’s more, until the recent introduction of advanced metering infrastructure, electricity providers have faced many challenges in implementing an efficient rate schedule that equitably captures the costs incurred by different segments of consumers.
Against this backdrop of increasing competition in the energy market and rising public interest in equitable electricity pricing, microgrid providers and developers may stand to present an attractive value proposition to end consumers by offering a streamlined pricing system that is easy for them to understand and manage while providing good risk-adjusted returns to developers and investors.