Custom Resource Price Scenarios

If you anticipate that the prices of various resources will change in a specific way over time, you can create a custom resource price scenario to forecast this. The scenario allows you to view the forecasted resource price and corresponding financial savings alongside the actual resource price and financial savings listed in each project’s Annual Tracking Data table. Access this section by clicking the Resource Price Forecasting sub-tab on the Settings page.

 

• Add a Custom Resource Price Scenario
  • Click “add a custom resource price forecasting scenario” and fill in the pop-up form. First, enter a name for the custom resource price scenario. Next, select the resource type. You then have a choice of three scenarios that allow you to customize how your resource price forecasts will be applied:
    • Fixed rate of change for all years after a specified start: This scenario increases or decreases your starting resource price by a fixed percentage (i.e. 5%) for all years following a designated starting year. You can also choose to start the scenario on each project’s install complete date by checking that box.
    • Fixed rate of change for a range of years: This scenario increases or decreases your starting resource price by a fixed percentage (i.e. 5%) for a range of years. You can either enter a starting and ending year or choose to start the scenario on each project’s install complete date and end it at the finish of each project’s lifespan by checking those boxes.
    • Fixed pricing for a range of years: This scenario sets a fixed amount as your forecasted resource price over a range of years. Select the unit of measurement for your resource (i.e. kWh for electricity), then enter the forecasted cost per unit.

 

• Edit or Delete a Custom Resource Price Scenario
  • You can change the settings on a resource price scenario by clicking the “edit” button in the last column of the scenario table. The changes you make will automatically be applied to the projects and campuses modified by that scenario.
  • You can delete a resource price scenario by clicking the “delete” button in the last column of the scenario table.

• Applying the Custom Resource Price Scenario on a Project-by-Project Basis
  • After creating a resource price scenario, you can apply it to individual projects. First, click on the Projects tab and enter the project you’d like to modify. Next, click on the Custom Settings sub-tab and click the slider to enable resource price scenarios. Select the resource price scenario to apply from the dropdown menu. Return to the Details sub-tab and click the slider to enable custom settings, which is located on the top-right corner of the page.
  • Custom resource price scenarios modify the Annual Tracking Data table. When resource price scenarios are enabled, a “§” symbol will appear next to the table and the forecasted data.

 

 

• Applying the Custom Resource Price Scenario to a Campus
  • You can also apply custom resource price scenarios to a campus, which will modify all projects linked to that campus. First, click on the Facilities tab and then on the Campuses sub-tab. Click “edit” on the campus you’d like to modify. Next, select the scenario to apply from the resource price dropdown menu. You will only see menus for those resources for which you have created a resource price scenario. Hit the “save” button.
  • Campus-based custom emissions scenarios are automatically applied to all projects linked to that campus without switching on custom settings on your Project Detail pages.
  • You can override the campus-based custom emissions scenario for individual projects via their Custom Settings sub-tab. Just follow the instructions in the previous section for applying a scenario to a project.
  • Note that if a resource price scenario is currently applied to a project through its campus, you will see CAMPUS SCENARIO (X) with the scenario name in place of the X in the dropdown menu on the project’s Custom Settings sub-tab.