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A Hybrid electricity system is to thank for an potential fall in rates

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A brand new distribution system has been designed by the University of Waterloo this would reduce electricity prices by almost five per cent while at the same time improving the reliability of service.

This design involves the merging of the two types of electric current that power homes, industries and electric vehicles—alternating current (AC) and direct current (DC).

Research found that by designing a system that delivers both kinds of current to customers instead of the AC-only distribution systems now in use throughout the world electricity prices should fall for the consumer!


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