Solar PV: Technology & Valuation
Event Information
About this Event
Newly constructed homes in California are required to have solar as of 2020! How much value does solar add? Appraisers and Realtors are increasingly challenged with the call to advance their credibility and competency as homeowners continue to invest in solar.
Today we're seeing stronger market drivers from CA energy policy and building codes as they shift to an emphasis on all-electric buildings powered by solar. Power losses from power safety shut-offs and fires is also fueling the momentum of solar sales. This course will help deepen your understanding of solar assets in sales and valuations to be a credible guide for buyers and sellers.
Learning Objectives
- Answer essential questions regarding the valuation of a solar system
- Identify components of solar systems and know what to look for during inspections
- Be aware of variations in utility rates and their impact on value
- Understand motives and market influencers of homeowner decisions
- Determine the value of solar PV systems: 3 appraisal approaches
- Accurately represent solar in listings including vital points to inform value
- Comprehend basics of battery storage, microgrids and electric vehicles and their potential for grid balancing and resiliency
- Know how unique stakeholders contribute to the shared pool of knowledge to support fair valuations
There is a final quiz where attendees must receive 70% or higher to be eligible for continuing education units (CEUs).
Prerequisites
Experienced appraisers, agents, lenders and related professionals will benefit most from this class as this material ranges from intermediate to advanced. The class is designed for those familiar with valuation principles.
Instructor
Debra Little, CEO of AjO
Debra Little is a Home Performance and Valuation Specialist with field experience in both appraising and home performance. Debra has a background in appraising tho has been primarily focused on energy efficiency since building her own high performance home in 2007. She's been developing and instructing classes for real estate appraisers and agents on the topics of energy efficiency and solar-powered homes for CA public utilities and at national conferences since 2010.
This Course Is Approved for Continuing Education Units by:
This Course is Hosted and Sponsored by: