Creating forecasts
Paid subscribers to Modo Energy get access to a library of pre-loaded forecasts.
These forecasts help you understand the sensitivities of various characteristics of an asset. For example, answering key questions like:
how much does location impact future revenues?
how much does cycling impact future revenues?
how much does system duration impact future revenues?
But this library can't support the specific details of every asset or project. There are simply too many combinations of variables.
And so if you're looking at a specific asset, whether for valuations or to weigh up sites, you need to run a very specific set of inputs into a forecasting model.
You and your team can run the Modo Energy forecasting model yourself from your own laptop.
Each run of the model costs 1 credit.
To avoid credits being used accidentally, credits can only be spent by Analysts, Admins, or the Financial Admin.
Buying credits
The cost of a credit varies depending on how you're accessing Modo Energy. See a full breakdown of options and costs here.
You and your team can purchase credits at any point in time, but often teams choose to buy them at initial subscription or renewal.
You cannot accidentally top-up on credits. To avoid accidental spend topping up on credits requires a conversation with the Modo Energy team.
Want certainty on spend?
If you'd rather have certainty on spend rather than paying for what you use then we recommend choosing our Enterprise subscription.
This plan provides you and your team with unlimited credits. So you can create as many forecasts as you need without having to worry about topping up on credits or unknown cost variation.