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Ecosuite Terminology

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Last updated 1 month ago

Energy

Name

Raw Data Source

Explanation

Actual Energy (kWh)

The project's energy meter

Generation measured by the project’s energy meter (see ) which is captured via the edge compute node and stored with .

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.

For documentation on the meaning of Project, Site and System, please see .

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