February fifteenth, 2024 – PowerHub, a frontrunner in renewable power asset administration software program, is proud to unveil new options designed to enhance the administration of renewable power portfolios considerably.
The brand new and enhanced options introduce superior capabilities for invoicing and subscriber administration tailor-made for Internet Metering Credit (NMC) and Digital Energy Buy Agreements (VPPAs).
“That is one other testomony to our dedication to fixing the distinctive challenges confronted by asset managers within the renewable power sector,” mentioned Phil Obendorf, CEO of PowerHub. “With these added options, we goal to streamline operations and improve effectivity for purchasers managing NMCs and VPPAs.”
Streamlining NMC ManagementThis enhanced invoicing function consolidates invoices for a number of off-takers right into a single doc, simplifying the administration course of for NMCs. It permits the issuance of unified invoices, customization of credit score distribution amongst off-takers, and efficient cost monitoring.
Capabilities embrace:
Personalized Credit score Distribution: Allows the exact allocation of undertaking credit amongst off-takers, with detailed income and credit score splits.
Centralized Info Hub: Facilitates simpler information administration with a single entry level for off-taker contact particulars.
Consolidated Invoicing: Simplifies billing by merging invoices for varied off-takers into one doc, ideally suited for mother or father firms with a number of accounts.
Automation for Effectivity: Automated bill technology and cost monitoring enhance operational productiveness.
Enhanced VPPA BillingThis function simplifies the advanced course of of economic agreements between renewable power undertaking builders and consumers. Specializing in fixed-for-floating swaps ensures seamless reconciliation of contracted and wholesale quantities, offering a hassle-free answer for firms eager on investing in renewable power tasks.
Capabilities make managing the intricacies of agreements extra simple, that includes:
Automated Monetary Accuracy: Ensures billing accuracy and transparency via automated cost calculations.
Consolidated Invoices: Allows environment friendly administration by organizing invoices by undertaking portfolio, enhancing monetary administration.
Versatile Charge Construction: Gives adaptable fee constructions to match varied pricing fashions, assembly the wants of various off-taker agreements.
Elevated Productiveness: Automates invoicing and cost monitoring, together with facilitating accounting processes via direct information export.
With these newest options, PowerHub reaffirms its dedication to delivering modern options that immediately handle the distinctive challenges confronted by its purchasers. By enhancing the administration of NMCs and VPPAs, PowerHub simplifies advanced processes and empowers purchasers to scale their operations and maximize the effectivity and profitability of their renewable power portfolios.
For extra info and to schedule a personalised demo, please click on right here.
About PowerHubPowerHub is a number one Toronto-based asset administration software program platform constructed for the Renewable Power Business. For over 11 years, the corporate’s mission has been and nonetheless is, to develop and ship best-in-class options that contribute to the profitable development of renewable power tasks globally.
PowerHub was acquired by BayWa r.e. a number one international renewable power developer, service supplier, distributor and power options supplier, actively shaping the way forward for power.