The document compares the ROI of distributed power conversion vs centralized power conversion over three sentences: Distributed power conversion using microinverters provides superior economics compared to centralized power conversion, with a $44K higher NPV, 5.9% higher ROI, 1.3% higher IRR, and $0.009/kWh lower LCOE over a 20-year system life. Redundancy in distributed power conversion creates a more reliable system. Disruptive applications are driven by superior hardware and granular data collection in distributed power conversion architectures.