What Is A Private Electric Distribution System (PEDS)?
A Private Electric Distribution System (PEDS) replaces the traditional electric utility construction process. In a private system, the local utility brings a single point of service to the property through a primary meter. All energy for the property is measured at this point, and NEP ensures that the energy is purchased at the most attractive rates.
NEP designs, builds and manages the electric distribution system from the primary meter to the individual meters on each unit. NEP also installs an automated meter reading system to measure and bill each unit for its energy usage. Occupants pay rates consistent with local utility residential rate structures.
Constructing A Private Electric Distribution System with NEP is Simple
- NEP designs and constructs the private electric distribution system for your community.
- A primary meter is installed where all development usage is measured.
- Electric meters are installed for all units. These units will be read remotely from the NEP corporate headquarters.
- NEP bills customers, collects payments and pays for all energy purchased for the community.
Why Should You Install A Private Electric Distribution System?
Utilizing PEDS through a partnership with NEP will provide many benefits to you and your business:
- Obtain more timely installation of electric service
- Increase property value
- Increase profit margins
- Reduce your administrative burden
- Coordination of cable, telephone and gas construction included
Understanding The Cost Benefits
Many utilities charge developers a fee and/or require developers to provide trenching and additional construction services for the utilities benefit. This becomes a sunk cost to the developer. Installing a private electric distribution system converts this sunk cost into a revenue source. The combination of efficiently purchasing the energy and reselling it at competitive rates generates a revenue stream that will provide a return on investment for the property owner.
For more information, please contact us (please allow 2 business days for a response):
Private Electric Distribution Systems
Our Services
- Commercial Services
NEP provides free audits and reviews of current systems.
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