How Microgrids Can Help Lower Your Energy Bill

On your journey to becoming energy independent, you might consider utilizing a microgrid for your home or workplace. If you’re just starting to learn about sustainable forms of clean energy, this concept can seem foreign and more than a little confusing. Here’s what you need to know about microgrids and how this technology can help your business achieve energy deregulation.

What is a microgrid

A power grid is a system of electronic components typically powered by generators, batteries, or renewable resources, like solar or wind. These grids are often large, powering entire cities to a central power source. Your monthly electric bill will go to these suppliers in order to power and maintain the electronic grids in your area.

A microgrid is a smaller version of this large scale operation. It’s often connected to the main grid but has the ability to run autonomously from the rest of the system. This means that you won’t lose power if something happens to your city’s grid, but it also means that you’re in charge of the maintenance and upkeep.

Can I have my own microgrid?

Despite its name, microgrids are often large structures that have the ability to power entire communities. For example, Hurricane Maria left much of Puerto Rico without power in 2017, resulting in the largest power outage experienced in U.S. history. It was thanks to the establishment of microgrids that emergency responders and hospitals were able to save lives in the face of such distress.

However, you can still install a microgrid to power your home or workplace. In theory, even the installation of solar panels on your home can be a small microgrid which uses clean, sustainable energy. It’s estimated that solar energy installations have increased more than 23 times between 2008 and 2015 alone, and this is only expected to continue.

How can a microgrid lower my bills?

With the help of an operations consulting company, a microgrid can help lower your home or business’ bills. This is because you’re paying only for the cost of the installation and upkeep, not sending your paycheck to companies that want to make money. Investing in renewable energy might seem expensive at first, but it will save you more in the long run.

The benefits of microgrids cannot be understated. When you want to improve the efficiency of your home or workplace, rely on the operations consulting company you can trust: at Energy Professionals, we can tell you what to know about energy deregulation. For more information on operations consulting, energy risk management, and more, contact us today.