I have some questions regarding the calculations for renewable energy production. It seems that this credit is based on the actual energy costs (total $) as opposed to the energy production (total kWh) of the system, is that correct?
If yes, are the renewable energy costs to be interpretted as the costs of the avoided grid (or other scope 2 conventional energy needs) or are the renewable energy costs to be estimated from the inherent costs of the renewable system itself (i.e. the costs defined under its PPA or its total LCOE calculations, etc.)?