The Investment
The Perfect Power System will allow IIT to avoid costly system upgrades and realize efficiency savings well into the future. It is estimated that the system will pay for itself as it's built, over the next five years. The project is funded by IIT and the DOE with a total $12 million investment.
| Estimated Perfect Power Costs and Savings | |
|---|---|
| System Cost | $12M |
| One time savings | $5M |
| Annual savings | $1.3M |
| Simple payback period | 5 years |
$3.5 million of the total project funding will include research in advanced distribution automation and recovery systems, buried cable fault detection and mitigation, intelligent system controllers, and advanced ZigBee wireless.
