Parameters Information:
This section outlines different situations that may necessitate a change order, along with the business rules related to each scenario. Be sure to note the distinctions between a PPA and a Lease regarding Production and System size change orders.
| Change type | Definition | Business Rule | Notes |
|---|---|---|---|
|
Production
|
Change in modeled production. Often occurs as a result of onsite installation changes
|
LOANS: If production (kWh) is within above (-5 to +10%) NO customer change required LEASES: If production (kWh) is within above (-5 to +10%) NO customer change required If system size (kW) is within (-5 to +10%) no customer change required. |
Changes must be reflected in Install Milestone submission. Note that PPA and Lease are treated differently.
|
|
System Size |
Change in physical system size, increase or decrease in module count |
LOANS: If production (kWh) is within above (-5 to +10%) NO customer change required LEASES: If production (kWh) is within above (-5 to +10%) NO customer change required If system size (kW) is within (-5 to +10%) NO customer change required |
No signature as long as on AVL & wattage change doesn't exceed -5/+10 thresholds |
|
Customer Name / Add or Remove Customer
|
Addition or subtraction of co-borrower, or customer name based on utility account holder |
Signature Required
|
Signature required as project will need to pass through underwriting again. Note coborrowers not applicable as of Oct. 2023. |
| Address |
Signature Required |
Project will pass through underwriting again. | |
|
Utility |
Install & Activation Package documents must match contracted utility. |
Signature Required |
Rates may vary from one utility to another.
|