Utility Rate References
Utility Rate References allow you to utilize rate schedules inside of your incentives. To add a Utility Rate Reference click the 'Add New Utility Reference' button. You'll be brought to the 'New Utility Rate Reference Details' screen, where you will specify the following:
Utility Rate Reference Details: provide a name, Reference Name, and the Target Data Series (the usage the rate should apply to).
Select New Rate Schedule: select the Utility, Rate Schedule, and the effective date of your rate.
Schedule Details: select the attributes you want to be applied (for rate schedules without attributes you will not see this section)
Tax Details: here, you can apply taxes in $/ kWh or percent form.
Net Metering Details: you have the ability to change the default net-metering details of the rate.
Once your Utility Rate Reference is saved, there are a few ways it can be used within your incentive template.
1. Add it as a Custom Reference Variable - Reference Variable
Click the 'Add Custom Reference Variable' button, then select 'Reference Value.' Under the Reference Value Categories, click 'Utility Rate Reference.' Once Selected you will see the name(s) of your Utility Rate Reference listed under 'Reference Values'
2. Use it directly as a payment amount in an Income Stream
First, add a new Income or Payment Stream to your Cash Flow. Then click the blue text under down payment or upfront payment. This will bring you to step two of your payment screen. Click go back and select Reference Variable and follow the same steps from # 1.
3. Add it as a reference value inside an ETB sheet payment amount
You can also use Utility Rate References inside of our new ETB Sheet Feature. Simply add a Custom Reference Variable and select 'ETB Sheets.' You will be brought to a spreadsheet where you can right-click any cell and click 'Insert Reference Variable.' You will then select 'Utility Rate References,' then the name of your Utility Rate Reference under Reference Values.
Once you have your incentive template created, you can attach it to a PV system or ESS system as normal.