Advantages
The advantage of having some "ownership" of one's electrical power was discussed above. Actual utility bill savings are probably minimal when looking at life-cycle cost of this approach as compared to a simple natural gas furnace.
There are definite pollution-reduction advantages if the unit is replacing an electric heating system powered by a coal power plant.
Also, like other distributed power systems, the end user can configure the unit as an emergency power source in the event of a power outage.
A big picture advantage of this approach is the ability to distribute power generation, locally, at the end-user rather than a remote power plant. If deployed on a large scale, this can reduce the need for new power plant installations and free-up transmission line capacity for other uses (e.g. solar energy or wind turbine farms). There is also the reduced long-range transmission losses. Avoiding transmission line losses and power plant construction reduces costs, energy consumption and pollution for everyone. In a fully realized distributed power generation scenario, micro-CHP may be used to supplement the less predictable generation provided by solar, wind and other energy sources, and therefore increase grid reliability.
Read more about this topic: Micro Combined Heat And Power
Famous quotes containing the word advantages:
“There is no one thoroughly despicable. We cannot descend much lower than an idiot; and an idiot has some advantages over a wise man.”
—William Hazlitt (1778–1830)
“There are great advantages to seeing yourself as an accident created by amateur parents as they practiced. You then have been left in an imperfect state and the rest is up to you. Only the most pitifully inept child requires perfection from parents.”
—Frank Pittman (20th century)
“The advantages found in history seem to be of three kinds, as it amuses the fancy, as it improves the understanding, and as it strengthens virtue.”
—David Hume (1711–1776)