This product is a recording of the Appraisal Institute webinar that was conducted on February 5, 2014. Once the Appraisal Institute confirms your payment, you will receive an e-mail containing a link to the webinar recording.
Please note: The interactive features of the webinar (e.g. poll/survey questions and the final evaluation) are NOT available in the recording. Appraisal Institute continuing education credit is NOT available for viewing the recording.
Residential Solar Photovoltaic Leases: Market Value Dilemma
Date: February 5, 2014
Time: 10:00 am PT, 11:00 am MT, 12:00 pm CT, 1:00 pm ET
Duration: 2 hours
Did you know that in some U.S. markets a solar project will be installed on average every four minutes? Did you realize that during one quarter last year nearly 85% of the Solar PV installations in a southwestern state were leased? Arizona, California, Hawaii, and New Jersey are currently the strongest states in residential solar PV installations.
Click here to view the SEIA Solar Market Insight Report 2013 Q2.
This webinar will address a number of issues surrounding appraisals of residential properties with Solar PV Leases and Power Purchase Agreements. Residential appraisers may encounter leases and agreements and the information in this webinar will be invaluable in documenting the appraisal report.
Presenters will discuss how to:
Identify lease terms of Solar Photovoltaic Systems and Power Purchase Agreements (PPA)
Identify potential appraisal challenges with the solar lease or PPA
Identify the questions that still don’t have answers from the secondary mortgage market
Recognize key issues on lease classification of the Solar Photovoltaic System - personal property or real property
Sandra K. Adomatis, SRA, Adomatis Appraisal Service, Punta Gorda, FL at Adomatis@hotmail.com
Geoffrey T. Klise, Senior Technical Staff Member, Albuquerque, NM at firstname.lastname@example.org
Jamie L. Johnson, Managing Member of Energy Sense Finance, Punta Gorda, FL at email@example.com