Solar Revenue Forecasting and Changing Models

Any customer looking to build a commercial or industrial solar array uses PV Production Modeling to estimate their system’s Annual Production. With this data, they are able to determine their return on investment and payback period, i.e. “how long it will take for the system to produce enough electricity to pay for itself.” However, the accuracy of production modeling is affected by the accuracy of the weather data, 3D models, and equipment data the model uses. As the solar industry continues to grow and utilize new technologies, leading companies will continue to improve upon the accuracy of modeling to maximize their client’s return on investment.