Photovoltaic systems, also called PV systems, generate electricity from the sun. When added to a property, PV systems can power home appliances, lights, air conditioning, cell phones, and other electrical devices. There are over one and a half million households, nearly a 2% residential adoption rate, in the United States with solar energy systems and the number of solar installations is expected to grow exponentially in the coming years.
For most appraisers, however, developing the value of solar is a new frontier. But as the demand grows for appraisers who can properly value solar homes, forward-thinking appraisers will have a market edge. They’ll be able to differentiate themselves from their peers by serving as a local source of information on solar.
Module 1: The PV System and its Appraisal Challenges
Module 2: Decoding Utility Bills
Module 3: Accuracy and the PV Appraisal
Module 4: Resources for Appraisers
After satisfactorily completing the program, you will be able to:
- List the components of a solar PV system and the appraisal challenge it presents.
- Analyze utility bills to arrive at an accurate kilowatt-hour (kWh) cost.
- Illustrate the importance of accurate solar PV system characteristics.
- List studies, education, and resources regarding solar PV valuation.
Please note that participants must complete 2 mandatory assignments in the program. CREDIT WILL NOT BE GIVEN until the assignments are satisfactorily completed. The instructor may ask for a re-submission of an incomplete assignment. Please allow up to 5 days for the instructor to review an assignment. You may request expedited review by contacting the instructor.
AI CE Credit for Designated members and Practicing Affiliates
Valuation Resources for Solar Photovoltaic Systems by the Appraisal Institute is licensed under a Creative Commons Attribution 4.0 International License. This material is based upon work by Elevate Energy supported by the Department of Energy, Office of Energy Efficiency and Renewable Energy (EERE), under Award Number DE-EE0007322.