Incentive Design

Locating the Incentive Design

Anyone in a Role with the Edit Incentive Design privilege can edit Incentive Design by opening the PROGRAM DESIGN menu and clicking on Incentive Design. Please note: To be able to assign the Edit Incentives Design option within the Roles section, your Clean Power Research representative will have to switch on this feature for you.

How to create and edit Incentive Designs

In addition to the PowerClerk license, Program Designers can request to add the self-service Incentive Design feature for Administrators. Found under the Program Design drop-down menu, Incentive Design enables the Administrator to configure, enable/disable, copy, paste, and delete incentive calculations.

Each saved incentive can be enabled or disabled from the list in the screenshot above. Once an incentive has been enabled (as shown in the screenshot below), it can no longer be edited in order to protect the details (e.g., incentive amount, etc.) for any projects which have selected the given incentive.

When designing an incentive, the Administrator may choose from a range of options to define that incentive’s eligibility conditions. These can include a date range as well as Data Field conditions (e.g., Sector = Residential).

The Administrator also chooses the incentive type from a list (e.g., One Time, Flat, PBI) and specifies an incentive rate. Based on the incentive type chosen, additional fields may appear which allow the administrator to specify the appropriate data field by which to multiply the incentive rate, as well as various options to cap an incentive amount.

Once an incentive has been saved and enabled, it can be selected by an applicant filling out a Form which contains the Incentive Selector element. This element should be added to the appropriate Form(s) in the Form Editor. When the applicant filling out a form selects an incentive, they’re required to have PowerClerk calculate the incentive, then they have the option to view Calculation Details.

Incentive Options

The available incentive options for one-time incentives can be interpreted as follows:

1. Define Maximum Incentive Rating:
    
   Based off the Rating Data Field above this option, you can configure an upper limit in terms of kW for the system size up to which your Incentive Rate or Incentive Rate Formula applies:
    

   

   Figure 7: Define Maximum Incentive Rating

    

2. Multiply Rating by System Design Factor:
    
   The Design Factor is a simple ratio calculating the optimal azimuth, tilt and positioning to the actual configuration per the users’ system data and zip code.
   Selecting this option allows you to derate your incentive according to this ratio to promote system optimization amongst your incentive applicants and reduce the incentive amount for sub-optimal projects.
3. Define Maximum Incentive Amount By Percentage of Project Cost:
    
   If you have defined a project cost data field, you can set an upper limit accordingly. In my following example the Incentive Amount would be capped at 20% of the Total Project Cost data field:
    

   

   Figure 8: Define Maximum Incentive Amount By Percentage of Project Cost

    

4. Define Fixed Maximum Incentive Amount:
    
   This option lets you set an overall incentive limit:
    

   

   Figure 9: Define Fixed Maximum Incentive Amount

    

5. Limit Incentive Amount to Approved Amount:
    
   The Approval Status can be configured to denote at which stage of your Workflow you would like the Incentive Amount to be “set in stone”. This means that if you had reviewed a project in the past and calculated the incentive amount the project shall receive, you can then switch the project’s status to the Approval Status to ensure no subsequent configuration changes to the project can potentially increase the eligible incentive amount. This way you can avoid cost overruns as the Approved Amount was set for the project when it entered the Approval Status.
    
   There is no specific error being displayed if a project hits the Approved Amount. For instance, if the cap is $2,000 and the incentive calculation comes up with $2,200, PowerClerk would state: Incentive amount of $2,200.00 was limited to previously approved amount: $2,000.00.

Video Guides

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