The current commercial gates imply a simple structural hurdle. A 70% gross-margin target requires price ≥ COGS / 0.30. A 1.5× buyer-value/price hurdle requires value ≥ 1.5 × price. Combined: measured nonduplicated buyer value must be at least 5× delivery COGS before any feasible price window can exist.
This is arithmetic—not a quote, forecast, buyer-value claim, or willingness-to-pay evidence.
| Delivery COGS | Minimum measured value before price feasibility |
|---|---|
| $500 | $2,500 |
| $1,000 | $5,000 |
| $1,500 | $7,500 |
| $2,000 | $10,000 |
Before private documents or provider-adapter work, establish that the interconnection-specific task is material, nonduplicative, reusable across a bounded project/process family, actually re-performed today, and plausibly valuable enough to clear the structural hurdle.
PowerBank first, Convergent second, Greenwood conditional third, then Headwater/Overlay. The first three are a same-lender borrower-cluster test; this does not imply their facility documents or workflows are identical.
No current economic pilot or authoritative price exists.
Greenwood/Horning provides a public New York replay where utility funding milestones predate the lender facility. Preserve chronology; do not infer reimbursement or draw treatment.
Greenwood/Horning shows that public reconstruction is a data-minimization asset, not buyer value. Prefill public facts; measure only private actual-paid/facility/draw/review delta.