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The expansion of the electric power system by large central generators linked to end consumers through extensive transmission lines, at an ever-increasing voltage, points toward a complementarity and an ever-increasing participation of Distributed Generation (DG). In this manner, there is a need to define criteria and technical criteria for the assessment of DG projects that ensure returns on investment. This article proposes a modeling of technical criteria through multiattribute value functions to analyze the technical benefits stemming from DG projects. To accomplish this goal, a multicriteria methodology will be applied which allows for the simultaneous treatment of the diverse technical aspects necessary in the planning and decision-making processes, as well as the implementation of the Utility Theory to define a behavior that is averse, willing or neutral to a determined criterion.