Scientists Develop “PV Value” to Accurately Appraise PV Systems
Scientists at Sandia National Laboratories and Solar Power Electric teamed together to develop a tool to appraise homes and commercial buildings with photovoltaic (PV) installations. Dubbed PV Value, this electronic form will serve as a standard methodology for appraisers, real estate agents and mortgage underwriters that need to accurately value PV systems.
Since the 2010 SPI event took place in Los Angeles, the industry barometer has become decidedly more unsettled. The likely doubling of US installations to 2GW this year and accelerating utility-scale megaproject construction have been offset by the triple-whammy bankruptcies of Evergreen, Spectrawatt, and especially Solyndra. The latter’s tumble set off a headline-making, misinformation-laden controversy that has more to do with partisan politics than honest evaluations of solar’s current and future prospects. The 30-40% drop in module prices over the past year just adds to the volatility.
Solar Power Electric located in Port Charlotte, Fla., is an electrical contracting and solar integration company specializing in the installation of commercial and residential photovoltaic systems.
Scientists at Sandia National Laboratories and Solar Power Electric teamed together to develop a tool to appraise homes and commercial buildings with photovoltaic (PV) installations. Dubbed PV Value, this electronic form will serve as a standard methodology for appraisers, real estate agents and mortgage underwriters that need to accurately value PV systems.
Since the 2010 SPI event took place in Los Angeles, the industry barometer has become decidedly more unsettled. The likely doubling of US installations to 2GW this year and accelerating utility-scale megaproject construction have been offset by the triple-whammy bankruptcies of Evergreen, Spectrawatt, and especially Solyndra. The latter’s tumble set off a headline-making, misinformation-laden controversy that has more to do with partisan politics than honest evaluations of solar’s current and future prospects. The 30-40% drop in module prices over the past year just adds to the volatility.
Solar Power Electric located in Port Charlotte, Fla., is an electrical contracting and solar integration company specializing in the installation of commercial and residential photovoltaic systems.
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