Supported by ARENA, this Guidebook is part of the Funding and Finance Toolkit developed by Frontier Carbon, with support from C4CE members Embark and the Community Power Agency.
Behind the Meter Solar PV Funding Guidebook
This guidebook is part of a Funding Toolkit that has been developed to assist community energy (CE) project proponents in the development and delivery of community renewable energy projects. The Funding Toolkit is designed to be a centralised, simplified and accessible repository of information to support the funding of community energy projects throughout the various stages of the project development process.
The aim of this particular guidebook is to provide assistance specifically to solar photovoltaic (PV) projects that are installed “behind the meter”, i.e. on a host site where the electricity is purchased by the host site rather than selling the electricity into the electricity market via the main electricity network (grid). A good example is a local club that installs a PV project on its roof and uses the energy for its own purposes.
There are other types of CE projects including bio-energy that can be applied to Behind the Meter projects but, for simplicity, this guidebook focuses on solar PV as it is currently the most common technology type for Behind the Meter projects including in the CE sector (as evidenced by the project list in Appendix A).
This guidebook is designed to be used in conjunction with the ‘Funding Basics Guidebook for Community Energy Projects’ to assist project developers to understand the minimum criteria that should generally be met at each stage of project development to assist in achieving successful project funding.
Behind the meter and other models
This guidebook concentrates on Behind the Meter operating models. The three basic network connection models are described below. The first two fall into the Behind the Meter category, while the third category (Grid-Connected) is beyond the scope of this guidebook.
Click on the links below for indepth articles.
- 2. Financial modelling: how to apply the behind-the-meter model template
- 3. Technology choice & project scale
- 4. Community engagement & business structure
- 5. Project development resourcing, site selection and acquisition
- 6. Resource assessment
- 7. Construction, network connections & permitting
- 8. Operational resourcing & project funding
- 9. Power sales
- 10. Financial modelling & risk management
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Advice to users of the guide
This Guidebook has been prepared based on information available as at February 2016.
This Guidebook and the information contained in it does not constitute an offer in relation to any project and does not entitle a recipient to participate in any process relating to any project.
The information contained in this Guidebook is indicative and is a guide only and the information does not constitute advice of any kind whatsoever (legal, accounting, financial, commercial or otherwise). A person who receives this Guidebook (and any information contained in it) represents and warrants to Frontier Impact Group and its representatives (jointly and severally) that it does not rely on this Guidebook and the information contained in it (a) as a statement of fact, representation or warranty of any matter whatsoever and (b) in making any decision of any kind whatsoever in relation to any future project.
Persons who receive this Guidebook and the information contained in it must make their own enquiries to verify and satisfy themselves of all aspects of this Guidebook and the information contained in it.
This Guidebook may contain forward-looking statements, forecasts, estimates and projections (Forward Statements). No representation or warranty is given as to the reasonableness of the Forward Statements or that the Forward Statements will be achieved.
While this Guidebook and the information contained in it has been prepared in good faith, no representations or warranties (express or implied) are made by Frontier Impact Group or its representatives as to the accuracy, currency, completeness, suitability, correctness, fitness for purpose or otherwise of such document and information. The provision of this Guidebook does not place Frontier Impact Group or its representatives under any obligation to provide any further information in relation to the subject matter or any projects, or to update this Guidebook or any additional information or to correct any inaccuracies in any such information which may become apparent.
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