The inputs used for the calculations on the “Finance” section are also editable, otherwise default values will be used for the calculation. For changing these settings, the user can do it from the tab “Inputs”. The changes will be applied automatically and new results will be shown in the chart and tables on the top.
The editable fields in this section are divided into four groups:
Price of electricity. Choose the price scheme from the drop-down (available options are Feed-in tariff, Power Purchase Agreement, and Net metering) and adjust the amount of Self-consumption.
System installation costs. Indicate the System installation costs, Solar incentives and details of the Loan.
Operational costs. Adjust the expected annual Operational costs and total Inverter replacement costs.
PV system configuration. Indicate the years of operation. The rest of the details will be taken from the current PV configuration.
Prospect's Finance calculator was designed with the help of our financial advisers, and we are currently working to bring more development to the tool. This is how each term is calculated:
Prospect includes the effect of degradation in the finance section using two factors you can adjust from the configuration settings: