In net metering the price of the electricity produced is the same as the price supplied to the consumer, and the consumer is billed on the difference between production and consumption. Net metering can usually be done with no changes to standard electricity meters, which accurately measure power in both directions and automatically report the difference, and because it allows homeowners and businesses to generate electricity at a different time from consumption, effectively using the grid as a giant storage battery. With net metering, deficits are billed each month while surpluses are rolled over to the following month. Best practices call for perpetual roll over of kWh credits. Excess credits upon termination of service are either lost, or paid for at a rate ranging from wholesale to retail rate or above, as can be excess annual credits. In New Jersey, annual excess credits are paid at the wholesale rate, as are left over credits when a customer terminates service.
Materials that are typically used for the rotor blades in wind turbines are composites, as they tend to have a high stiffness, high strength, high fatigue resistance, and low weight. Typical resins used for these composites include polyester and epoxy, while glass and carbon fibers have been used for the reinforcing material. Construction may use manual layup techniques or composite resin injection molding. As the price of glass fibers is only about one tenth the price of carbon fiber, glass fiber is still dominant.
Our latest innovation in the Industrial Internet era, The Digital Wind Farm, is making our turbines smarter and more connected than ever before. A dynamic, connected and adaptable wind energy ecosystem, the Digital Wind Farm pairs our newest turbines with a digital infrastructure, allowing customers to connect, monitor, predict and optimize unit and site performance.
The reliability of small wind turbines is (still) problematic. Even the good ones break much more frequently than we would like, and none will run for 20 years without the need to replace at least some part(s). Despite their apparent simplicity, a small wind turbine is nowhere near as reliable as the average car (and even cars will not run for 20 years without stuff breaking). If you are going to install a small wind turbine you should expect that it will break. The only questions are when and how often.
Wind-to-rotor efficiency (including rotor blade friction and drag) are among the factors impacting the final price of wind power. Further inefficiencies, such as gearbox losses, generator and converter losses, reduce the power delivered by a wind turbine. To protect components from undue wear, extracted power is held constant above the rated operating speed as theoretical power increases at the cube of wind speed, further reducing theoretical efficiency. In 2001, commercial utility-connected turbines deliver 75% to 80% of the Betz limit of power extractable from the wind, at rated operating speed.[needs update]
Innovative programs around the country now make it possible for all environmentally conscious energy consumers to support renewable energy directly by participating in the "green" power market. The willingness to pay for the benefits of increasing our renewable energy supplies can be tapped within any market structure and by any size or type of energy consumer.
Many residential PV systems are connected to the grid wherever available, especially in developed countries with large markets. In these grid-connected PV systems, use of energy storage is optional. In certain applications such as satellites, lighthouses, or in developing countries, batteries or additional power generators are often added as back-ups. Such stand-alone power systems permit operations at night and at other times of limited sunlight.