Buy Electric Generator
All Briggs & Stratton portable generators are powered by high-quality Briggs& Stratton gas engines that offer power you can count on. Portable generators provide dependable power during power outages, and can also be used to run your power tools or to make recreational areas more comfortable where there is no electricity.
buy electric generator
What makes a standby generator a better option for your home or business is that once fully integrated into your space by a professional, it will be up and running with no additional set up, waiting for a power emergency. Gas or diesel-powered generators will need extra fuel and to be manually set up, making a standby generator the preferred and safer choice.
Owning a standby generator has many advantages, especially if you live in the US. In 2017, there were over 3,500 blackouts across the United States, lasting 49 minutes on average. This affected almost 40 million people and this number is expected to continue to rise. Not only can you be left in the dark for hours or even days, but you also run the risk of food spoiling, essential medical equipment not functioning, and interruptions in workflow.
A standby generator can ease the worry of a sudden power outage at your home or business. Make the smart decision today and invest in a standby generator for your residential or commercial property. At NCE, our team can help with services, including acceptance testing and commissioning on new and existing substations. Contact us today to learn more about our services.
In the United States, how electricity is bought and sold varies by region. While many cities are served by municipally owned utilities and some rural areas are served by customer-owned rural cooperatives, most electricity customers are served by utilities that are owned by investors. These investor-owned electric utilities can be either regulated and operate as vertically integrated monopolies with oversight from public utility commissions, or they can operate in deregulated markets where electric energy prices are set by the market with some federal oversight of wholesale market operations. These regulatory constructs determine how retail and wholesale electricity prices are set and how power plants are procured. This explainer discusses the different types of US electricity markets, how they are regulated, and implications for the future given ongoing changes in the electricity sector.
This explainer is part of RFF's Future of Power Explainer Series, which outlines the fundamentals of electricity markets and policy to convey how electricity systems function today and how they may evolve in the future with decarbonization efforts.
Prior to the 1990s, most investor-owned electric utilities were regulated and vertically integrated, which means the utilities owned electricity generators and power lines (distribution and transmission lines). Today, only one third of US electricity demand is serviced by these integrated utility markets because many states have abandoned this system in favor of deregulation.
Regulated utilities must also seek state approval for power plant investments. Vertically integrated utilities decide which generators to build and then recover the costs of these investments through electricity rates. Many state regulators require utilities to demonstrate the necessity of proposed investments through an integrated resource planning (IRP) process. This process is used for long-term planning and requires each utility to justify its investment and demonstrate how it plans to meet customer electricity demand. Notably, under this structure, customers bear the risk of investments because utilities can recover their costs through rates, regardless of how the power plant performs (for example, South Carolina electricity customers paid for nuclear plants that were never constructed).
Even though vertically integrated utilities generate their own electricity, many trade with other utilities during times of need. For example, during certain times of the year it may be cheaper for some utilities to purchase excess hydroelectric power from others rather than generate power using their own facilities. This type of wholesale bilateral trading is especially common in the western and southeastern United States where most utilities are still regulated. These wholesale market transactions are subject to regulation by the Federal Energy Regulatory Commission (FERC).
Beginning in the 1990s, many US states decided to deregulate their electricity systems to create competition and lower costs. This transition, known as restructuring, required electric utilities to sell their generating assets and led to the creation of independent energy suppliers that owned generators. Because each new independent energy supplier could not cost-effectively create their own power line infrastructure, electric utilities held onto these assets and became transmission and distribution utilities, which continue to be regulated.
In deregulated areas, electricity customers have the option of selecting an electric supplier (known as customer choice) rather than being required to purchase electricity from their local electric utility. This introduces competition for retail electricity prices. Since many electric suppliers can exist within a region with customer choice, electric retailers offer competitive prices to acquire customers. For customers who choose not to select an independent power supplier, their local utility is still obligated to provide them with electricity that the utility will purchase from generators.
Following deregulation, regional transmission organizations (RTOs) replaced utilities as grid operators and became the operators of wholesale markets for electricity. These RTOs have evolved over time.
While regulated utilities base retail rates on a regulated rate of return on investments (as described above), deregulated retail utilities purchase electricity at market-determined wholesale prices and then sell that electricity to customers at market-determined retail prices, given competition from other retailers. RTOs typically run three kinds of markets that determine wholesale prices for these services: energy markets, capacity markets, and ancillary services markets.
RTOs typically run two energy markets: the day-ahead and real-time markets. The day-ahead market, which represents about 95 percent of energy transactions, is based on forecasted load for the next day and typically occurs the prior morning in order to allow generators time to prepare for operation. The remaining energy market transactions take place in the real-time market, which is typically run once every hour and once every five minutes to account for real-time load changes that must be balanced at all times with supply.
RTOs use energy markets to decide which units to dispatch, or run, and in what order. In the day-ahead market, RTOs compile the list of generators available for next-day dispatch and order them from least expensive to most expensive to operate. For example, since wind plants operate without fuel, they are able to bid $0 into the energy market and get dispatched first. Dispatching units by lowest cost allows the market to meet energy demand at the lowest possible price. During periods of high demand, wholesale prices rise accordingly because more high-cost units need to be dispatched to meet electric load.
Electricity retailers are required by the North American Electric Reliability Corporation (NERC), an independent organization that ensures grid reliability, to support enough generating capacity to meet forecasted load plus a reserve margin to maintain grid reliability. Some RTOs run a capacity auction to provide retailers with a way to procure their capacity requirements while also enabling generators to recover fixed costs, i.e., costs that do not vary with electricity production, that may not be covered in the energy markets alone.
Payments to generators in the capacity market are essentially a reward for that generator being available to operate and provide electricity if needed. Consequently, if generators are unavailable to operate during a time when they are called upon, they may face fees under capacity performance requirements.
Some states have deregulated their wholesale markets but not retail markets. California, for example, is partially deregulated and formed its own RTO, the California Independent System Operator (CAISO), which operates the grid and wholesale markets. However, the state does not offer individual customer retail electricity choice, although communities can opt out of the local utility through community choice aggregation under which a company hired by the community buys power in wholesale markets for all residents who do not opt out of this arrangement.
Since 1952, Electro-Steam has been a leading manufacturer of Steam Equipment for a wide range of commercial and industrial processes and applications.Below is just a sampling from our complete product line of standard and customizable electric steam equipment.
This makes it easier than ever to keep an eye on your generator and ensure you're always prepared for storms and bad weather. Your generator dealer can commence repairs and continue to keep your system in top condition.
If you need a home standby generator, let Vancelectric be your generator dealer and installer. We proudly offer Generac generators, and we'd love to help you power your home. Take a look at our generators and reach out to us today.
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