Learn How First Woodland Manages the Process For You
First Woodland starts by coordinating the assessment of the commercial power consumer’s needs. First Woodland determines if the client qualifies for a long-term solar energy lease. We analyze how much electricity is used monthly, in kilowatt hours, looking at high demand charges and fees, and we look at the total current cost of your electricity on an annual basis. This energy user information, along with a review of the site, will help determine the size of the system needed to provide the user with sufficient energy. The proximity to a power station and the ability of the sub-station to accept additional solar provided power complete the initial technical information to be gathered as it could make or break the economic feasibility of the project, especially if substantial expensive transmission costs are required. If all is in order, you will proceed on to the next step.
Since each case is unique, First Woodland will develop a strategy with the appropriate energy participant. This process may involve First Woodland coordinating with an Engineering Procurement and Construction (EPC) company, an Energy Services Company (ESCO) or an actual Independent Power Producer (IPP).
First Woodland collects the financial statements of the commercial energy consumer, reviews the data and then shares it with their chosen IPP for the project. The IPP determines if it wishes to participate based upon the gathered information. Then, the IPP helps quantify the actual savings.
First Woodland will also work with the IPP if you wish to have additional power-saving products added to the project. These power-saving products could include rooftop improvements (if a rooftop project), LED lighting upgrades to a parking area or common area, or installation of more energy efficient HVAC and insulation. The cost of the improvements would then be built into the client’s rate structure. The commercial power consumer would not capitalize these investments, thereby saving tens of thousands of dollars in asset improvements. The IPP makes the final decision as to what can be included in the project.
Once First Woodland’s selected IPP evaluates the collected data, the IPP will decide if the project makes sense for them to buy, finance and operate. The IPP will (either by itself or working with an EPC) design, obtain power commission and local utility municipal approvals, and purchase and install all of the equipment. Making sure the IPP fits the needs and desires of the client is important as the typical solar power agreement lasts 20 to 25 years.
First Woodland will then introduce their chosen IPP to you, the power consumer. If both parties agree to proceed, then the IPP creates a term sheet that outlines the scope of the project and specifies the reduced power rates. The commercial power consumer will review the term sheet and sign it in order to move forward.
The next step is for First Woodland to gather the balance of all pertinent documentation needed to corroborate the efficacy of the project and the IPP will create the final power purchase agreement (also known as the power lease). The power lease will specify where the power system will be installed: rooftop, ground based, garage, carport area or other designated surface that the IPP will also need to lease from the commercial power consumer through a surfaces premise lease.
If the IPP works with an independent EPC, they will then enter into a contract that provides for obtaining approvals and building out the system where the IPP oversees the process to conclusion or the IPP will perform all of these tasks itself.
The IPP, either on its own or working with their contracted EPC, contacts the state utility commission, local utility and local municipality to obtain all the approvals and permits for the project on the property. This includes approval for the meter interconnection on the property. Construction can then begin. Upon completion, the appropriate testing, final approvals and inspection will take place in order to begin operation. The entire process can take 9 to 12 months.