Renewable Credit Forecasts
Measuring and Tracking the Performance of Renewable Credit Markets
To meet aggressive RPS targets numerous states have instituted renewable generation compensation programs meant to encourage clean generation development in their respective state. Many of these programs offer above market revenue streams in the form of “credits” that promise builders a sufficient rate of return on their investment. However, such programs are often complex and require a working knowledge of program details and relevant utility tariffs to accurately model and forecast revenue streams. Programs can also undergo rule changes with little warning, thereby altering the economics of a program.
Intelometry specializes in understanding and modeling community solar, battery storage, and other renewable credit programs as well as running long run forecasts of renewable asset revenue streams. Our work has been approved by banks as valid inputs for existing and planned project valuations utilized to acquire financing.
Our standard renewable credit forecasts run 25 years for any customer class and encompass both tariff and market-based credits. Reports detailing methodologies, sources and assumptions employed accompany each forecast. We also assist developers when presenting analysis results and assumptions to banks as needed.
Areas of Specialization
Intelometry regulary performs solar credit forecasts for the following markets and programs:
- Illinois Net Metering
- Illinois Community Solar
- Massachusetts Net Metering
- Massachusetts SMART Program
- Maine NEB kWh Credit Program
- Maine NEB Tariff Rate Program
- New Hampshire Net Metering
- New Jersey Net Metering
- New York NEM
- New York VDER (Phase 1 & 2)
- Rhode Island Net Metering
Other Markets
In addition to the markets above, our team has run renewable credit forecasts for a multitude of utility service areas in the following states:
- Arizona
- California
- Colorado
- Connecticut
- Florida
- Illinois
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- New Hampshire
- New Jersey
- New York
- North Carolina
- Ohio
- Rhode Island
- South Carolina
- Texas
- Vermont