7 Steps to Selecting the right Commercial Solar PV Provider

7 Steps to Selecting the right Commercial Solar PV Provider

The solar energy around us is freely and abundantly available, making it a cheap and economical power source worth investing in. It’s the reason why businesses across various sectors are today, considering investing in commercial solar systems.

Though they are well aware of the economic and environmental benefits of using solar energy, they falter while selecting the right solar provider. It’s because there are so many Missouri solar solutions to choose from.

You can’t afford to hire the first company that you come across. You have to do your share of research to find out which is most suited for your requirements and budget.

The following steps should help most business owners to select the right solar PV provider for their organization. 

1. Understand the concept

The first thing you should do even before collecting bids is to learn and understand more about solar energy. The acquired knowledge will not go to waste. It will prove helpful during the installation and development of your solar PV system.

It also helps you select the right financing options and make the procurement process so much easier.

There are various sites you can visit online to learn more about the crucial aspects of a commercial solar installation. Or you can always turn to your solar power Springfield Mo provider for assistance and guidance.

2. Know your project goals

There’s no point in even considering getting a commercial PV system if you don’t have clearly defined company goals. You need to know why you are investing in the PV system.

You also have to know what you plan to achieve, like cutting costs and setting your social responsibility message. It helps solar providers tailor their bid response as per your needs, and show how they can help meet your goals.

3. Create your request for proposal (RFP):

It’s when you know your goals and the concept that you can come up with the request for proposal. The RFP intimidates solar providers that your company is ready to receive bids for solar projects. It lets your company outline the bidding process, contract terms, and project specifications to prospective solar providers.

4. You can also have a Request for Qualification (RFQ)

You can even issue a Request for Qualification (RFQ) before sending the RFP. It can have the same weighing process used for identifying a few qualified bidders.

It helps save your time because it shortlists the top bidders. You can then send the RFP to these selected few providers.

5. Create your selection criteria.

It helps to develop a scoring system in the RFP to help you select the right provider. Create the system based on the input from different segments of your organization like procurement, finance, engineering, and sustainability officers.

You are sure to come up with tons of suggestions from them. You, however, will have to come up with the final list based on the following characteristics:

  • Cost-effectiveness-If the provider’s bid matches or excels competitor bids in meeting your company’s financial savings target.
  • System design and technical aspects-If the provider’s customized system design meets or excels with your RFP specifications.
  • Experience/qualifications-It’s better to select a provider experienced and qualified to install your project.
  • Scheduling-The provider should be free and able to schedule your system implementation within your speculated deadlines and building schedule. You don’t want to hire someone who won’t have the system up and ready on time!

6. Give them enough time.

Give the respondents at least two weeks to respond to the RFQ and about three to four weeks for the RFP.

Don’t spring a surprise on them and ask them to reply in a week or so.

The more time you give them to think and create an appropriate bid, the better quality bids you can expect.

7. Shortlist potential providers

It’s all based on the number of quality of bids that you receive that you decide to shortlist and come up with a final list of up to 5 prospective providers. You can compare their quotes, and finally interview about two to three finalists.

However, you can also select the ideal provider based on the best RFP response received if you are confident the RFP procures appropriate responses.

The selected Missouri applications provider will be the one that closely aligns with your company’s solar energy goals, budget, and ideals.