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Finance, Valuation, and Incentives

Assessed value

Assessed value is the value assigned by a taxing authority for property tax purposes. It may differ from market value and can change after improvements, equipment installation, incentive agreements, or reassessment.

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REC

Renewable Energy Certificate represents the environmental attribute of one MWh of renewable generation. RECs can support renewable claims, but they are not the same as physical deliverability, hourly carbon matching, or local grid decarbonization.

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Medium voltage

Medium voltage generally refers to distribution or facility-level voltages above low-voltage utilization levels but below high-voltage transmission. Exact thresholds vary by standard and utility, so Volterra should avoid treating one universal cutoff as definitive.

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Transmission

Transmission is the high-voltage movement of bulk power across longer distances from generation or interchange points toward load centers. Transmission constraints are often the limiting factor for large-load data center growth.

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