Finance and Settlement Module
Complete Financial Control Over Your SPP Investments is Now in Your Hands
Stop getting lost in complex Excel spreadsheets. Manage all your settlement and billing processes under regulations from a single screen—accurately and with total transparency.
Why the Finance & Settlement Module?
For multi-branch businesses and renewable energy investors, invoice verification and settlement tracking carry a massive workload and a high risk of errors when done manually. Solarify automates complex energy accounting, delivering the real return on your investment in real-time.
Key Features
100% Accurate Data with AMR (Automatic Meter Reading System) Integration
Leave manual meter reading errors behind. Our system communicates directly with the distribution companies’ AMR portals, automatically pulling data via API.
• Data Quality: The system alerts you immediately in case of missing or corrupted data (e.g., if 1 hour of data is missing from the meter).
• Automated Queries: Regular daily queries keep your consumption and production data continuously up-to-date.
“What Would I Pay Without the Solar Plant?” Analysis
Clearly see the profitability of your investment. Our module simplifies complex calculations to give you clear answers to these critical questions:
• Amount Payable Without SPP: The total amount you would have paid out of pocket if your solar power plant didn’t exist.
• Net Expense: The actual amount you pay after the settlement/offsetting process is applied.
• Total Earnings: The sum of your utility bill savings and the revenue generated from selling surplus electricity back to the grid.
Full Regulatory Compliance
Whether you net your production with a consumption facility in a different region or offset it under the same roof, Solarify is fully equipped for every scenario.
• Flexible Pool Management: Gather your production and consumption points—even those commissioned on different dates—into a single settlement pool.
• Scenario Modeling: Plan for the future by running simulations like, “What would happen if I included this specific consumption point in the pool?”
Critical Alert: Sales Upper Limit Tracking
Avoid producing more than your annual consumption and feeding free energy back into the grid.
• Limit Alarms: The system alerts you as you approach your sales limit, which is calculated based on the previous year’s consumption data.
• Savings Optimization: It guides you on how to protect your revenue by adding new consumption points when you near your production cap.
Who Is It For?
Retail Chains
• Manage invoices for hundreds of stores from a single central hub.
• Consolidate all consumption points into a single pool with automated invoice verification.
Hotels
• Offset high, seasonally fluctuating energy consumption with solar power.
• Receive instant alerts regarding imbalances between production and consumption.
Industrial Facilities
• Reduce high energy costs and precisely calculate your ROI (Return on Investment).
• Access transparent reporting on net savings and payback periods.
