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Feasibilty
Reports |
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There are many companies implementing renewable energy projects without having conducted a proper (independent) Feasibility Study. While jumping straight to the end game can give a company good ROI, it is risky and can backfire. Some of the drawbacks of conducting a study in-house include: an inexperienced evaluation team, longer and more costly study timeframe, recommendations that are less than optimal and a final report that is ignored and never implemented because the evaluation team lacks independent credibility
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| The 2 main components to a proper Solar Feasibility Study are an experienced evaluation team and a cohesive study framework. The evaluation team should include team members that have expertise in the following fields as it relates to renewable energy: implementation techniques (best practices), electricity, structural engineering, building codes and regulations, incentive programs, renewable technologies and an understanding of the evolving renewable finance space. |
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Site Survey - This is generally conducted by a renewable energy practitioner and may include a structural engineer. The site survey involves a physical inspection of the company property under consideration along with interviews with key company personnel. Some of the main tasks conducted are:
- Inspection and location of installed energy equipment
- Analysis of historical energy usage patterns and costs
- Analysis of future energy usage (projected)
- Inspection of roof structures of buildings to determine maximum solar capacity
- Inspection of additional property to determine other options such as: geothermal, ground mounted solar, parking lot solar awnings, etc.
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