Description
Calculate a simple financing term for a supplied connection delay.
Energy prices and charges depend on energy units, demand units, standing-charge days, tariff periods and settlement sign conventions. Purchased-energy losses differ from delivered-energy fractions, and signed prices can produce negative monetary terms. Nominal battery cost allocations are supplied scenarios rather than physical aging forecasts.
Calculate a simple financing term for a supplied connection delay.
When to use this tool
Use Grid Connection Delay Interest when you already have committedCapital, annualSimpleRate, delayYearFraction and need to calculate a simple financing term for a supplied connection delay.
How to use the tool and how it works
- Enter committedCapital, annualSimpleRate, delayYearFraction. Use the units and conventions below.
- Run the tool. Correct any format, range, or cross-field input error before interpreting the output.
- Read simpleDelayInterest. Use the output convention below.
Require committedCapital/delayYearFraction>=0; multiply capital*annualSimpleRate*yearFraction, retaining signed rates.1
| Input field | Meaning and units | Accepted input |
|---|---|---|
| committedCapital | Committed Capital | Required. Finite number; minimum 0. |
| annualSimpleRate | Signed simple annual rate as a decimal fraction; no compounding. | Required. Finite number. |
| delayYearFraction | Nonnegative supplied year fraction; no day-count convention is calculated. | Required. Finite number; minimum 0. |
| Output field | Interpretation | Returned shape |
|---|---|---|
| simpleDelayInterest | Simple Delay Interest | Required. Finite number. |
{
"input": {
"committedCapital": 100000,
"annualSimpleRate": 0.05,
"delayYearFraction": 0.5
},
"output": {
"simpleDelayInterest": 2500
}
}Limitations and assumptions
- No compounding or day-count convention is added. Capital exposure, borrowing rate, legal interest and actual delay are not established.
- Inputs must satisfy both the field types and the cross-field conditions above. Invalid input causes an error; a successful false flag or documented placeholder is a different result.
- Numeric calculations use binary floating point unless exact decimal-integer arithmetic is explicitly stated. No hidden measurement tolerance or decimal rounding is added; nonfinite or out-of-contract results are rejected. Numeric signed-zero results are exported as zero.
Alternative or Complementary methods
Reconcile the actual meter series, tariff, contract and billing definitions for an account or market question. Use a complete cash-flow or physical-energy model when needed; a single block overlap, index ratio or supplied settlement term cannot establish actual charges or performance.
References
Similar or alternative tools
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