Based on our extensive data sets and experience in community heating projects, we can prepare a financial model based on agreed assumptions to help identify the cost to your customers and the long term operation of the scheme.
Switch2 considers that the establishment of a correct tariff is critical for the financial viability of the scheme and can provide tariff modelling assistance at the early stages of the project as either a ‘simple model’ or ‘full financial model’.
We can provide a financial model based upon a number of agreed assumptions in order to identify predicted demand profiles for each property type, relevant operating costs, all revenue streams, return on sales, potential profitability of the scheme and other factors which will impact the tariff.
We will work with you to ensure a fair and transparent tariff is designed for the scheme to benefit you and your residents. We can also help with the communication of tariff to residents and support is available via our customer services team for any queries residents may have.