Distributed energy provider financial model, built free.
A three-statement Excel model for a distributed energy provider (C&I solar, community solar, virtual power plant), built from your own figures and checked to balance.
- Free account
- No card
- Usually ready within the hour
We use generative AI in parts of our process, so mistakes can occur. Every model should be checked by a person before it is relied on. Read more
Owns rooftop and on-site solar and batteries at customers' premises and sells the energy under on-site PPAs or leases, runs community solar gardens with subscribers, or aggregates customer batteries and flexible load into a virtual power plant.
In short
- 01
Three linked statements
Income statement, balance sheet and cash flow, linked in every period.
- 02
Valued and tested
Discounted cash flow, with scenarios on the key drivers.
- 03
Monthly to annual
Monthly, quarterly, half-yearly or annual periods, for up to 30 years.
- 04
Checked every period
A Checks sheet shows the balance sheet balances and the cash reconciles.
The sample, as Excel draws it.
Built by the same system and checks as yours: its structure and its inputs, ready for your own figures.
The sample describes no real business. Yours is calibrated to your own figures, so its results are your business’s.
How the model works for a distributed energy provider.
- How it earns revenue2 formulasEnergy revenue · All energy assetsElectricity salesPPA revenueMerchant revenueCertificates, ancillary and capacity revenue · All energy assetsCertificate revenueCertificates createdCertificate price
- What drives its costs1 formulaOperating costs · All energy assetsOperating costsO&M contractAsset managementLand leaseInsuranceGrid (TUOS) and connection chargesCommunity fund
- What it invests in3 formulasAsset base and depreciation · All energy assetsCapital expenditureConstruction capexfrom development and constructionSustaining capexAsset base and depreciation · All energy assetsDepreciationOpening net book valueCapital expenditureShare of the period in operation (after COD)from development and constructionshare of the yearRemaining life at period startAsset base and depreciation · All energy assetsClosing net book valueOpening net book valueCapital expenditureDepreciation
- How it is funded3 formulasDebtRepaymentsScheduled repaymentsPrepayments from an equity raise and the cash sweepDebtClosing balanceOpening balanceDrawdownsRepaymentsDebtInterest expenseOpening balanceAll-in interest rateshare of the year
- How profit becomes cash3 formulasClean energy tax credits · All energy assetsInvestment tax credit earnedPlaced in service in the periodEligible project costCredit rateBonus addersWorking capitalTrade receivablesRevenuefrom statementsDebtor daysDays in periodWorking capitalInventoryDirect costs (positive)from statementsInventory daysDays in period
20 parts, each one tested.
Every part is a tested building block with its own checks: yours is put together from the ones your business needs.
- CPI forecastConsensus curve with long-run anchor
- Corporate costsFixed cost base indexed to CPI
- Working capitalFull working capital
- Income taxCorporate rate with tax losses
- DebtAmortising term loan
- Equity raisingDistribution reinvestment plan
- Dividends and distributionsPayout of net profit
- Discounted cash flow valuationDCF on free cash flow to the firm
- Wholesale electricity price curveAdviser price curveThe wholesale electricity price forecast used by the revenue and cost parts that need it.
- Energy and utility KPIsGeneration unit metricsThe ratios investors and lenders use to judge energy and utility businesses.
- Key-metric summaryLast-twelve-month and run-rate metrics
- Discount rate (WACC)CAPM at target gearing
- Clean energy tax creditsInvestment tax credit on eligible costProduction and investment tax credits earned by an asset, whether used by the owner, sold to a third party or allocated to a tax equity investor.
- Asset registerEnergy asset registerThe facts every other part of the model builds on — capacity, opening book value and remaining life.
- GenerationStorage cycles and state of healthElectricity sent out (or discharged) by each asset in each period.
- Energy revenuePPA with merchant tailRevenue from selling electricity (or discharging storage) under contracts and in the wholesale market.
- Operating costsCost lines with escalationSite operating costs — O&M, asset management, land lease, insurance, grid charges and community payments.
- Asset base and depreciationStraight-line depreciation over remaining lifeSustaining and replacement capex and depreciation of each asset's property, plant and equipment.
- Development and constructionCapex per MW (or per kWh)Construction capex, commercial operation date and ramp-up for new assets, and the development pipeline.
- Certificates, ancillary and capacity revenueGreen certificates × certificate priceRevenue beyond energy sales — green certificates, frequency control and other ancillary services, and capacity or support payments.
The numbers it tracks.
- 01MW installed
- 02customers or subscribers
- 03contracted revenue and tenor
- 04customer savings
- 05default rate
- 06equity IRR
What it is used for.
- Operating forecastGuide · Financial projections
- Budget and rolling forecastGuide · Cash flow forecast
- ValuationGuide · DCF valuation model
- Lending and credit analysisGuide · Three-statement model
- Equity capital raisingGuide · Startup financial model
- Startup and venture fundingGuide · Startup financial model
- Scenarios and sensitivities
- Closed-end fund, syndicate or trust
- Asset acquisition
More in energy retail and services.
- Energy retailer financial model
- Gentailer financial model
- Solar installer financial model
- EV charging network financial model
- Energy trading company financial model
Looking for a distributed energy provider financial model template? Ours arrives built for your business, with your figures in it.
See a finished model, sheet by sheetThe sample is built on illustrative figures and describes no real business. Models are calculations prepared from the information you provide. They are not financial advice and must be independently verified. See our terms.