Ecosuite Terminology
Energy
Name
Raw Data Source
Explanation
Actual Energy (kWh)
The project's energy meter
Generation measured by the project’s energy meter (see Mission Data) which is captured via the edge compute node and stored with Solar Network.
Expected Energy (kWh)
Irradiance
Local pyranometer irradiance (W/m2) and insolation (Wh/m2) data processed by Ecosuite using the system configuration to produce a kWh metric for what the system is “expected” to be producing (i.e. what it should produce if everything is functioning correctly).
Forecast Energy (kWh)
Modeling
A projection of what a model provided by PV Watts or Helioscope indicates the system will produce for each month of the year.
Economics
Name
Source
Explanation
Actual ($)
Accounting System (e.g. Softledger, Quickbooks)
Real historical cash flows based on transactions from the accounting system. Revenues are currently input on a cash basis.
Advised ($)
Utility meter bills
Cash flows based on utility statements and organization issued invoices as input into Cash Flow Payment Logs.
Anticipated ($)
Energy meter + Pro Forma
This is calculated using Actual energy production (measured via an energy meter) fed through the project's Pro Forma to generate expected revenue streams which we call "Anticipated" revenue.
Forecast ($)
Modeling + Pro Forma
Forecasted generation fed through the project's Pro Forma to determine a forecast of future cash flows.
LBE
Last Best Estimate
Last Best Estimate (LBE) is the most recent and most accurate estimate/forecast available (leveraging the latest Proforma). It represents the latest forecast, updated with Actual data as this information becomes available.
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