How to Appraise Solar Panels
7hr Live-Zoom CE Course
Course Dates: October 2nd & 3rd,2023 | 2-day session; 3.5 hours each day
Session 1: Monday, October 2nd | 10AM-1:30PM CT
Session 2: Tuesday, October 3rd |10AM-1:30PM CT
$155.95
CURRENT COURSE APPROVAL INFO
APPROVED STATES:
Approved or *Accepted for 7 hours of CE in the following states:
*States with an asterisk will “Accept CE” that is approved by another state jurisdiction.
AL – #C02814
AR – Approved
AZ – 0323-0000011
CA – #2210501039
CO – Approved
CT – AAL.001121
FL – Course #3631
GA – #76047
HI – Course #22-272
*ID – Accepts
IL – Course #575.010612
*IA – Accepts
IN – Approved
KS – #404.C23.N
KY – Approved
LA – #A0031
MD – Approved
MA – #1360016
MI – #2382
MN – #1034579
MS – #50458
MO – Approved
*MT – Accepts
NC – #4527
NE – #2233418.33
NH – Approved
NJ – 2023 – 200
NV – #CE.0009629-A
NM – #4190
NY – #A5573-07
*ND – Accepts
OH – #Q04301102A 23
OK – Course #713
OR – #APEL-C-1122-0045
PA – APPROVED
SC – #CE2065
TN – Course #2639
TX – #44925
UT – #AC221212
VA – Approved
WA – #A22037010
WV – Approved
*WI – Accepts
PENDING STATES:
AZ, HI, NE
Course Description
The purpose of this course is to equip students with the knowledge, techniques, and tools to value solar photovoltaic systems. Solar PV has become a valuation issue among appraisers and their clients. This course will provide an understanding of what is expected of appraisers when working on a property with a solar photovoltaic system.
Course Goal
The problem to solve: How, When, and Why to Value Solar
After completing this course, students will understand the GSE requirements and their expectations for properties with solar. GSE requirements the circumstances under which the contributory value of solar is to be considered will be covered. Methods of valuation will be taught via the three approaches to value. Resources, Case Studies and trends will also be covered. The course will provide appraisers with the requisite knowledge to competently appraise properties with solar photovoltaic systems
*KNOW YOUR TIME ZONE: We’re on CENTRAL TIME, and class startsat 10AM CT sharp each day!
If you are on Pacific Time, Class is from 8am-11:30am PT (doors open at 7am).
If you are on Mountain Time, Class is from 9am-12:30pm MT (doors open at 8am).
If you are on Central Time, Class is from 10am-1:30pm CT (doors open at 9am).
If you are on Eastern Time, Class is from 11am-2:30pm ET (doors open at 10am).
System Requirements:
- This class is offered via Zoom meeting. Computer Audio, Video and a reliable internet connection are required.
- If you’re new to zoom, we recommend testing your computer video and audio prior to class day by opening a practice meeting on https://zoom.us/test.
CE/Attendance Requirements:
- Computer Audio/Video, Reliable Internet and 100% attendance are required for CE credit.
- ABSOLUTELY NO DRIVING (OR RIDING) IS ALLOWED.
- You must be attentive, stationary (no walking or being a distraction) and visible on camera.
- If you become a distraction, we will remove you from class.
Refund/Cancellation Policy:
- Cancellations require written advance notice. Refunds will only be given if request is made 24 hours prior to the start of class.
Course Objectives
The learning objectives of this course are to provide real estate appraisers with the ability to do the following:
MODULE 1: Solar Basics
1. Understand and identify the key components of a Solar PhotovoltaicArray
2. Explain how a Solar PV system works
3. Learn what Net Metering is and how it applies
MODULE 2: On Site Observation ofa Property
4. Know the questions to ask before scheduling an appraisal assignment
5. Understand what to document and photograph during on-site observation
6. How to implement and utilize the data from the on-site visit in an appraisal report
MODULE 3: When to Consider the contributory Value of Solar
7. Learn the difference between owned solar, leased solar & power purchase agreements
8. How loans and liens affect the obligation to consider contributory value of solar
9. Fannie Mae, Freddie Mac, VA and FHA guidance on solar
MODULE 4: Demonstrating MarketAcceptance
10. How to determine market acceptance for solar PV
11. GSE guidance on demonstrating market acceptance
12. Extracting market acceptance from MLS data source
MODULE 5: Three Approaches to value
13. Determine the contributory value of solar using the Market Approach
14. Determine the contributory value of using the Cost Approach
15. Determine the contributory value of solar using the Market Approach
MODULE 6: Case Studies on the Valuation of Solar
16. Case Study utilizing the Cost Approach
17. Case Study utilizing the Income Approach-Discounted Cash Flow
18. Case Study utilizing the Income Approach-Gross Rent Multiplier
MODULE 7: Trends and Policy, Solar Data Resources
19. Federal, State and local policies
20. Online resources for SolarCost Data and Installation Statistics
21. Published Studies of valuation of Solar PV
Course Author
Mark Buhler
Mark Buhler is a Certified Residential Real Estate Appraiser in California with over 25 years of appraisal experience. Combining years of practical field experience with his knowledge of changes in the real estate industry, Mark is an engaging and entertaining speaker that is always willing to share his knowledge. Mark has found a niche in the valuation of resource-efficient, ‘green’ homes; which are increasingly becoming more common. Mark has recently presented on the valuation of solar and green property at Appraisal Institute conferences and state coalition meetings. Mark is currently presenting the ‘Accredited Green Appraiser Training’ continuing education course for Build It Green in California, and a new course, ‘Valuation Resources for Solar Photovoltaic Systems’. Mark enjoys teaching real estate professionals about appraisal matters and how they can impact your business.
