Technology Credit Corporation Utilizes the Energy Toolbase Software Platform to Analyze Solar Project Savings
By: Energy Toolbase
“In our experience financing commercial solar systems, we’ve seen two issues with predicting customer savings.” said Mark Schmidt, Vice President of Business Development at TCC. “The first issue is that many installers just guesstimate savings using a best-guess, simple cents per kilowatt-hour. This is insufficient when proposing long-term financing for a sophisticated commercial customer. The second issue is that even experienced commercial installers leave money on the table because they are not comfortable modeling rate changes and the impact of solar on demand charges. Energy Toolbase solves both of these issues because it is user-friendly and does the math precisely and transparently, which is why TCC recommends the platform to both new and experienced commercial solar installers.”
Energy Toolbase is licensed by solar developers nationwide to calculate energy savings, model project economics, and create customer facing proposals. The software-as-
“When I originally set out to build the Energy Toolbase software platform a couple years ago, the initial target user was a sophisticated commercial solar installer. I believe we’ve met that target and now we’ve also made the tool easier to use for installers who are moving up from residential to commercial,”
About Technology Credit Corporation:
Technology Credit Corporation was founded in 1988 in the heart of the Silicon Valley. Since its inception, TCC has financed over $2 billion of technology equipment. In 2007 TCC expanded into financing solar equipment. TCC distinguishes itself by being the only national solar financier for small commercial and non-profit customers with a portfolio projects of over 300 projects from Hawaii to Massachusetts. Learn more at www.creditcorp.com.
About Energy Toolbase:
Energy Toolbase is a cloud based software platform used by solar PV and advanced energy storage developers to calculate energy savings, model project economics, and create customer facing proposals. Learn more and request a free 14-day free trial by visiting: www.energytoolbase.com.