Various electric companies follow a new project viability calculator when negotiating ppas with solar developer teams

Various Electric Companies Follow A New Project Viability Calculator When Negotiating PPAs With Solar Developer Teams

There are many steps a solar farm developer usually takes toward winning a power purchase agreement. One of the most important step may be the Project Viability Calculator. The Project Viability Calculator has been designed so the utilities can measure the viability of a alternative energy project when compared to all other projects that are bidding into the renewable energy queue.

The Project Viability Calculator uses a number of standardized categories and sub-categories which assist in quantifying the pros and cons of a particular project. It is not a device to eliminate applications but rather screen them to help determine which projects have the best probability of completing construction and becoming functional.

The utilities are under state mandates to reach renewable targets. As they receive applications for projects they apply the Project Viability Calculator which enables them to understand which projects are likely to help them meet their renewable energy goals. What many people don’t know is that the utilities must use the Project Viability Calculator to gauge bids.

If your project is expecting to win a power purchase agreement, the first step is making sure you understand the Project Viability Calculator completely. Commercial Solar Design specializes in this sort of co-developer work and is excited about helping you with your solar farm project.

Another important aspect to the Project Viability Calculator is that the utilities may revise the Project Viability Calculator within specific guidelines. For example, the utility company may add criteria and change the criteria ranking. They cannot, however, eliminate existing criteria or insert new categories. A utility company cannot alter scoring guidelines and any changes to the official Project Viability Calculator has to be clearly described and documented.

When you score well in the Project Viability Calculator then you are more likely to win a power purchase agreement. Typically the Project Viability Calculator is another critical step any solar farm project developer needs to complete precisely. Make sure that it matches the design of the project. And finally, make sure the Project Viability Calculator is specific with regard to the power purchase agreement program you are applying for.

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To go straight to the point, solar power systems are not very affordable. They are in fact expensive. This is because the technology, solar cells and solar heat panels, are sophisticated technology and patented.

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