Cost and Finance

September 28, 2018 MODsolar Support

A topic that we often get questions about is regarding our Incentive Calculations. So, here’s a quick review of the options for this area of the Platform. Your System Administrator can apply these changes for you if you do not have admin access to the Platform. Where can I find the Incentive Calculations? Go to…

September 28, 2018 MODsolar Support

You may have various extra charges, or “adders” that need to be spelled out in your proposals. To add them, go to the Determine Cost page. Type in the label and its corresponding value. Adders that you use regularly can be added to your system so that they are available for every proposal. Check the…

September 28, 2018 MODsolar Support

MODsolar has added 3 easy-to-use loan calculations to the MODsolar Platform. Each of these can be easily added to your account (by your own Administrator) with just a couple of clicks, and then they’ll be available at the Determine Cost / Financing stage of proposal generation. The new loan types were created based on requests that…

September 28, 2018 MODsolar Support

To help you produce proposals for PV systems, we’ve created several new MACRS incentives in the ModSolar Platform. These new incentives calculate the depreciation savings for years 1 through 6 (after the installation), using the standard MACRS depreciation formulas, for your customer’s appropriate tax rate, but with no year 1 bonus deduction. You’ll notice 4…

September 28, 2018 MODsolar Support

How to Add a Financing Program 1. Log in as an Installer Administrator. 2. Go to Settings. 3. Go to Financing. 4. Select the Plus sign to add a financing program. 5. In the next page, you will have three options to choose from, namely: Lease, Loan, and Power Purchase (PPA). Select the desired option…