PEER stands for Performance Excellence in Electricity Renewal and it is the nation’s first comprehensive, consumer-centric, data-driven system for evaluating power system performance; it's also modeled after LEED.
The PEER rating system helps fill a major gap in the smart grid movement, providing an opportunity for power systems to gain competitive advantage by differentiating their performances and demonstrating meaningful outcomes. In the process, the metrics serve as a tool to accelerate transformation in the marketplace.
A growing number of stakeholders, electricity suppliers and utilities are exploring how quality can help ensure that smart grid efforts are successful. PEER is the only available measurement tool designed to help the industry apply quality principles to grid modernization.
PEER is administered by the Green Building Certification Institute.
How PEER works
By looking at power systems across four outcome categories PEER allows all stakeholders to both evaluate and set the standard for system performance that best meets customers’ needs.
- Enabling customer action: The intent of this category is to assess customer participation as a resource in grid improvements and enable private investment and innovation.
- Operational efficiency : The intent of this category is to assess spending practices and assist in the identification and elimination of wasteful spending through performance benchmarks.
- Reliability, power quality and safety: The intent of this category is to assess the quality of power delivery and reduce negative impacts on the customer.
- Energy efficiency and environment : The intent of this category is to assess the environmental impact of electricity generation and transmission and encourage the adoption of clean energy.