February fifteenth, 2024 – PowerHub, a pacesetter in renewable vitality asset administration software program, is proud to unveil new options designed to enhance the administration of renewable vitality 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 vitality sector,” mentioned Phil Obendorf, CEO of PowerHub. “With these added options, we intention to streamline operations and improve effectivity for shoppers managing NMCs and VPPAs.”
Streamlining NMC Administration
This enhanced invoicing function consolidates invoices for a number of off-takers right into a single doc, simplifying the administration course of for NMCs. It allows the issuance of unified invoices, customization of credit score distribution amongst off-takers, and efficient cost monitoring.
Capabilities embody:
- Personalized Credit score Distribution: Permits the exact allocation of challenge credit amongst off-takers, with detailed income and credit score splits.
- Centralized Info Hub: Facilitates simpler knowledge 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, excellent for mother or father firms with a number of accounts.
- Automation for Effectivity: Automated bill technology and cost monitoring enhance operational productiveness.
Enhanced VPPA Billing
This function simplifies the complicated course of of economic agreements between renewable vitality challenge builders and patrons. Specializing in fixed-for-floating swaps ensures seamless reconciliation of contracted and wholesale quantities, offering a hassle-free resolution for firms eager on investing in renewable vitality initiatives.
Capabilities make managing the intricacies of agreements extra simple, that includes:
- Automated Monetary Accuracy: Ensures billing accuracy and transparency by means of automated cost calculations.
- Consolidated Invoices: Permits environment friendly administration by organizing invoices by challenge portfolio, enhancing monetary administration.
- Versatile Charge Construction: Gives adaptable fee buildings 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 by means of direct knowledge export.
With these newest options, PowerHub reaffirms its dedication to delivering modern options that immediately tackle the distinctive challenges confronted by its shoppers. By enhancing the administration of NMCs and VPPAs, PowerHub simplifies complicated processes and empowers shoppers to scale their operations and maximize the effectivity and profitability of their renewable vitality portfolios.
For extra data and to schedule a customized demo, please click on right here.
About PowerHub
PowerHub is a number one Toronto-based asset administration software program platform constructed for the Renewable Vitality 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 vitality initiatives globally.
PowerHub was acquired by BayWa r.e. a number one international renewable vitality developer, service supplier, distributor and vitality options supplier, actively shaping the way forward for vitality.
