Abstract
Parker Hannifin Corporation (“Parker”), in conjunction with Con-stellation Energy, investigated the possibility of developing a solar in-stallation at its New Britain (Connecticut) manufacturing facility. Parkereventually developed the project after carefully considering all of therelevant factors, which included not only the electricity price ($/kWh)comparison of solar with traditional brown power, but also future pricecurves, history of energy prices, and displacement cost with peak vs.blended price considerations.
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