Valuation Resources for Solar Photovoltaic Systems

Description

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.
Sponsor Date Location Delivery Format State Approvals  
Appraisal Institute On Demand Online  Check Register

Who should Enroll

  • Commercial appraisers
  • Residential appraisers
  • Real estate agents
Recommended
Basic understanding of how PV systems work and understanding of appraisal methodology.
 

Objectives

  • Describe a host-owned solar photovoltaic array and the appraisal problem 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.
  • List the components of a solar PV system.
  • Identify the characteristics and benefits of storage batteries.

Prerequisites

None.

Exam

No Exam

Level

Basic

Program State Approval & Hours

Some AI educational programs may not be approved in every state.

Classroom
Classroom Education - A course delivered entirely in one classroom location.
 
Online
On-Demand Online Education (also known as Asynchronous Distance Education) - Any distance education course where the instructor and student interaction is non-simultaneous; the students progress at their own pace and follow a structured course content and quiz/exam schedule.
 
Synchronous
Synchronous Livestream Education - Any distance education course offered by Appraisal Institute chapter or Appraisal Institute national headquarters, where the instructor and students interact simultaneously online, similar to a phone call, video chat or live webinar, or web-based meeting.

Appraisal Institute CE Points

Attend: 20 AI Points

Class Time

Classroom: 4 hours
Online: 3 hours
Synchronous: 4 hours

Assignments

Classroom & Synchronous
No

Online

Yes. Participants must complete mandatory assignments in this program. Please plan your time accordingly and allow up to 5 days for the instructor to review your assignments. The instructor may ask for a re-submission of incomplete assignments. You may advance through the program while you are waiting for your instructor to review your work. You may also contact the instructor to request expedited review.


Program Overview


Required and/or Recommended Equipment

Classroom & Synchronous
Calculator (regular)

Online
None specified

System Requirements


Additional Information

Classroom & Synchronous
Seminar Materials Include:
  • Seminar Handbook (177 pp.) 
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.
 
This class does not address all aspects of PV valuation and only addresses host-owned PV systems. To learn more about leased systems, power purchase agreements, community-shared solar, and for a more in-depth explanation of the parts of a PV system, consider taking Residential & Commercial Valuation of Solar
 

Online

Online Course Access
Go to www.appraisalinstitute.org and log in with the username and password you used when you registered. Click on the red “My Account” button if you are not automatically taken to your account page.
1. Click "Education and Events" on the right navigation menu.
2. Find the course under the “Online Courses” heading and click the “Begin” button.
IMPORTANT NOTE: Once this button is clicked, your access length time (e.g. 90 days) will begin. Only click when you intend to start the course. If you are returning, once you have started the course, click the “Continue” button to continue.

Attribution:
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.

Technology-Based Education Student Disclaimer
I agree to the terms and policies set forth under the Appraisal Institute Education Policy. I also certify that I am the person identified under Personal Data and that I will personally complete each assigned component of instruction and any examination(s). I understand and agree that if I misrepresent my identity or arrange for someone else to represent himself or herself as me at any time during the Appraisal Institute online course or seminar, I will be immediately removed from the course or seminar and I will not be entitled to any refund. I further understand that if I am a Designated member, Candidate for Designation, Practicing Affiliate, or Affiliate of the Appraisal Institute and participated in any misrepresentation of identity, by affirmative act or failure to act, I will be the subject of a peer review proceeding under Regulation No. 6 for violation of the Code of Professional Ethics and Standards of Professional Practice of the Appraisal Institute, and such peer review proceeding


Book Recommendations

None specified.