- Each kWh Guarantee is issued by an independent foundation; the “kWh guarantee Fund”.
- The Fund then holds an insurance policy from a syndicate of Lloyd’s of London that covers every kWh guaranteed and an additional cash reserve.
- The independent directors of the kWh Guarantee Fund ensure that the total risk of all outstanding kWh guarantees is sufficiently covered.
- If Autarco’s operating entities were to go bankrupt, the Fund, underlying insurance and your kWh Guarantee would be unaffected.
You can think of it like a marathon runner.
- A module component guarantee promises the runner will run at certain speeds for the race if he is running on a treadmill in controlled laboratory conditions.
- The Autarco kWh guarantee promises the runner will finish the exact race you want him to run, in a certain period of time, regardless of the weather.
A module performance guarantee promises the solar modules will performance at a % of their laboratory tested output after certain periods of time if you test them under the same laboratory conditions.
The Autarco kWh guarantee promises a minimum value of solar energy produced (kWh) over a fixed time period. The value of kWh guaranteed is tailored to your exact system details and is measured using standard solar monitoring.