Session #3: Forecasting the Value of Electricity

Project Type: Professional Development Program
Funds awarded in 2018: $74,364.00
Projected End Date: 09/30/2021
Grant Recipient: The Ohio State University
Region: North Central
State: Ohio
Project Coordinator:
Eric Romich
Ohio State University
Session three of the Agricultural Solar Electric Investment Analysis Webinar Series provides a overview of how to calculate the value of energy savings from a PV solar Project. To calculate energy savings one must consider important variables including the details of the electric rate schedule, demand profile, terms of the net metering agreement, compensation for net excess generation, and the assumed energy escalation rate that influence the value of electricity a PV system produces. This six-part Agricultural Solar Electric Investment Analysis Webinar Series will provide you with resources and tools to help evaluate photovoltaic solar electric system proposals to make fully informed investment decisions. Although the webinars are geared to an agricultural audience, the information that will be shared applies to anyone looking for information on making a wise solar energy investment.
John Hay, University of Nebraska
Eric Romich, Ohio State University
Target audiences:
Farmers/Ranchers; Educators; Consumers
This product is associated with the project "Solar Electric Investment Analysis for Small Farms"
Any opinions, findings, conclusions, or recommendations expressed in this publication are those of the author(s) and do not necessarily reflect the view of the U.S. Department of Agriculture or SARE.