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Finance for Micro-Renewable Energy
Rating: 4.4 out of 5(17 ratings)
100 students

Finance for Micro-Renewable Energy

How to financially assess micro-renewable energy systems
Created byJohn Clarkson
Last updated 8/2021
English

What you'll learn

  • assess a micro-renewable energy project by comparing with other forms of investment
  • compare Capital Investments with long-term benefits and no liability
  • use better methods of using financial metrics to sell micro-renewable energy
  • understand why payback times don't work and why the industry needs to stop using them

Course content

1 section5 lectures32m total length
  • Introduction2:24

    Course introduction video.

  • Finance for Micro-Renewable Energy Professionals16:10

    This is the main video you need to watch. This video will teach you everything you need to know to learn about how to use financial methods to help sell your micro-renewable energy. The next lectures are developments of this main video, where we finesse the knowledge gained here.

  • Quiz - Terminology and application
  • Interactive Learning - Practise your new skills6:26

    This will teach you how to use your new found skills from the first lecture. Please note that Q4 number 2 should say and read DR not IRR.

  • Lecture 4 - Discount Rates3:52

    Here you will learn how to use appropriate discount rates.

  • Lecture 5 - how to determine energy price rate rises3:29

    This lecture intentionally is in video format but with no voice over, only music in the background. You should use these methods to determine appropriate energy price rate rises when forecasting future energy savings made by your micro-renewable energy.

Requirements

  • Basic maths skills and spreadsheet formulas and functions. You will need Powerpoint or Pdf reader
  • e.g. you should be able to use EXCEL
  • e.g you will need to understand how to add percentage rate rises
  • You don't even have to be interested in Micro-Renewable energy. This course gives you a means to analyses ANY INVESTMENT

Description

This course is for businesses and domestic customers who wish to learn how to assess if a particular product is worthwhile investing in or how to sell their renewable energy in a better way.

Selling a product is about emotion but it shouldn’t be! It should be about gain, profit and benefits to the customer. Payback times don’t do that. They mask the truth. We’re here to dispel the myths and help you see the truth.

It is probably best to do this course after you've completed the first one on Micro-Renewable Energy for Beginners. However, this is not a must, because this course in a way could apply to ANY FORM OF INVESTMENT. It's just that I've applied these techniques to this topic!

This course will teach you how to financially assess any form of micro-renewable energy or investment using techniques derived from capital budgeting and investment. Typically, these techniques are used in the stock market.

Using these techniques, you will build upon the knowledge you gained from the first course. This will allow you to work out if a particular micro-renewable energy system is financially worthwhile, quickly and efficiently. You won't need to learn how to calculate payback times, which are a pointless metric that much of the industry still uses.

If you want to get the full information on micro-renewable energy this is a definite follow up course you should do.

Who this course is for:

  • Homeowner
  • Business owners
  • Salesmen