Find out how to Assess a Industrial Photo voltaic Proposal
Business proposal

Find out how to Assess a Industrial Photo voltaic Proposal

Find out how to Assess a Industrial Photo voltaic Proposal

Rachel Mountain

By Rachel Mountain

You’ve researched photo voltaic and located that it may be an amazing monetary funding for industrial property house owners. After all, you now need to know the way photo voltaic may gain advantage your particular property, so the following step is requesting a proposal from a good firm. Each photo voltaic proposal comes with a distinct design, assumptions, and monetary mannequin. Listed here are eight issues that can enable you consider proposals and select a dependable photo voltaic accomplice:

Firm Expertise

Similar to each proposal is totally different, so is each firm. As you take a look at their web site and undertaking portfolio, these are some questions we recommend asking: How lengthy has the corporate been in enterprise? Are they a design-build agency, and might they provide long-term service? What number of tasks have they accomplished in your space? Have they got trade-certified professionals and electricians? What produce other clients mentioned about working with them?

Rigor of Modeling

An in-depth evaluation begins with a utility consumption and charge evaluation, value-engineered design, and photo voltaic vitality manufacturing modeling. When speaking to a photo voltaic firm, ask how they mannequin projections. Be sure that the variables and assumptions are acknowledged and justified.


You’ll need to search for a photo voltaic firm that makes use of Tier-1 gear producers to make sure the high quality of your photo voltaic system. Additionally, contemplating that each photo voltaic undertaking is totally different, it’s best to ask if the photo voltaic contractor is tied to particular distributors or if they’ve the flexibleness to decide on the perfect gear for your project-specific wants.

Venture Scope

A turnkey photo voltaic undertaking will embrace design, manufacturing and monetary modeling, truthful and clear contracting course of, engineering, permits, set up, roofer coordination on guarantee, code-required security gear, interconnection and related utility functions, procurement, taxes, commissioning, high quality assurance, monitoring, and proprietor schooling. Partnering with a vertically built-in installer with these capabilities in-house will prevent cash and trouble in the long run.

Firm Location

Are they a neighborhood firm with detailed data of native laws and incentives? A photo voltaic contractor that understands the necessities in your jurisdiction will guarantee a easy course of from contract via permission to function (PTO).

Utility Escalator

The lifetime worth of your industrial photo voltaic system will likely be extremely affected by the longer term price of utility vitality. Every kWh your system generates is one much less kWh that you simply purchase from the utility firm, and as utility prices improve, the worth of vitality from photo voltaic additionally will increase. The assumed utility escalator utilized to the proforma needs to be acknowledged and based mostly on information from an unbiased supply.

Return on Funding Evaluation

Are you evaluating apples to apples? A money deal won’t ever current the identical as a financed deal. Advanced inside charge of return (IRR) evaluation with dozens of variables is required to correctly assess the viability of your photo voltaic undertaking. Does the monetary mannequin embrace not solely financial savings and revenue but in addition the ongoing bills related to a photo voltaic system?

Operations and Upkeep

Does the corporate have a devoted O&M workforce with licensed electricians on workers? Is O&M included in your contract? Some gear requires annual checkups to take care of the guarantee, so they need to have a neighborhood and sturdy service division that may help you over your system’s life.

Select a Photo voltaic Companion (not only a photo voltaic firm)

Selecting a photo voltaic accomplice that’s constructed to final is vital. Discover a firm that has a vested curiosity within the success of your undertaking and the potential of defending your funding over the long run. Working with an organization that has roots locally, along with the technical and operational experience to exceed your undertaking objectives, is one of the simplest ways to maximise your return on funding. If in case you have any questions on this course of or are all for photo voltaic, Namaste Photo voltaic is right here to assist!

Rachel Mountain is co-owner and industrial photo voltaic undertaking developer at Namaste Photo voltaic. Namaste Photo voltaic’s goal is to remodel vitality and rework enterprise. The corporate’s non-commissioned photo voltaic builders will enable you perceive your undertaking potential, and we’ll be the primary to let you know if onsite photo voltaic doesn’t make sense to your property. Take a look at their in depth industrial expertise and see how they measure up.