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    Residential and Commercial Valuation of Solar

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    Date
    June 4-7, 2024
    Location
    Sponsor
    Appraisal Institute
    Instructor
    Timothy P. Runde, MAI
    Class Time
    14 hours
    Exam Time
    1 Hour
    Full Price
    $450.00
    AI Price
    $370.00
    Enroll by June 7!
    View Pricing Options
    Course Description

     

    The number of solar photovoltaic (PV) system installations continues to increase as the price becomes more feasible in many markets. Appraisers will find the valuation a challenge without knowledge of the technology and data available to use the most appropriate methodology. Appraisers must expand their knowledge base to understand how electricity and solar PV is priced, and to understand how solar PV systems function to develop a credible value. If you are seeking education that will hone your skills or teach you new ones, this is the course for you. Residential and commercial appraisers will work together to apply an income capitalization approach and cost approach to valuing energy produced for solar PV systems. All you need is a tablet or iPad, with Internet access, and you will use free online software to value the energy that solar systems produce.
     
    This is an advanced course that requires the use of a discounted cash flow analysis. Because of its difficulty, double AI CE points are awarded.
     
    Important Course Requirements: This course uses free, third-party software known as PV Value or Ei Value to complete the case studies. The software has been vetted by the Appraisal Institute, but course participants should have knowledge of the discounted cash flow analysis. The case studies emulate appraisal problems that appraisers face every day. For educational purposes only, the case study provides a discount rate to use in this course. Appraisers must analyze and conclude the appropriate discount rate for their market, which will change based on the local market’s view of solar and changes in kWh prices, solar production, and cost new.  
     
    Please note. This course does not address utility-scale solar (solar farms), solar thermal, or other on-site renewable energy generation.

    Note. This course is in the Valuation of Sustainable Buildings Professional Development Program. View this list of FAQs, which includes information regarding the courses you’ll need to complete the program successfully.

    Who Should Enroll
    • Real property appraisers
    • Assessors
    • Underwriters
    • Lenders
    • Builders
    • Real estate agents
    • Quality control personnel
    • Architects
    • Engineers
    • Solar installers
    State Approvals
    State QE/CE Course & Exam Course Only Exam Only Delivery Format Approval Format Start Date Expire Date State Code
    AL CE 15 14 1 Synchronous Livestream 03/18/2021 09/30/2024 C02636
    AR CE 15 14 1 Synchronous Livestream 10/19/2020 09/07/2025
    AZ CE 15 14 1 Synchronous Livestream 11/02/2023 1123-0000036
    CA CE 14 14 Synchronous Livestream 01/01/2022 10/19/2024 16CP754601231
    CO CE 15 14 1 Synchronous Livestream 09/22/2022 07/26/2025
    CO CE 14 14 Synchronous Livestream 09/22/2022 07/26/2025
    CT CE 14 14 Synchronous Livestream 03/10/2022 03/10/2025 AAL.000914
    DC CE 14 14 Synchronous Livestream 01/01/2022 02/28/2024 4057
    DC CE 15 14 1 Synchronous Livestream 01/01/2022 02/28/2024 4057
    DE CE 15 14 1 Synchronous Livestream 11/01/2023 10/31/2025
    FL CE 15 14 1 Synchronous Livestream 01/01/2023 11/21/2024 0010476
    GA CE 15 14 1 Synchronous Livestream 09/28/2023 09/27/2026 67274
    HI CE 15 14 1 Synchronous Livestream 01/01/2022 12/31/2023
    HI CE 15 14 1 Synchronous Livestream 01/01/2024 12/31/2024 23-477
    IA CE 15 14 1 Synchronous Livestream 11/25/2022 11/24/2024 A518-1127
    ID CE 15 14 1 Synchronous Livestream 07/26/2022 07/26/2025
    IL CE 14 14 Synchronous Livestream 01/01/2023 12/31/2024 575.010085
    IN CE 15 14 1 Synchronous Livestream 07/05/2023
    IN CE 15 14 1 Synchronous Livestream 09/01/2023 12/31/2024
    KS CE 15 14 1 Synchronous Livestream 08/28/2023 12/31/2023 483.C23.N
    KY CE 15 14 1 Synchronous Livestream 07/01/2023 06/30/2024
    LA CE 15 14 1 Synchronous Livestream 01/01/2020 09/27/2026
    MA CE 14 14 Synchronous Livestream 10/21/2022 10/20/2024 85
    MD CE 15 14 1 Synchronous Livestream
    MD CE 15 14 1 Synchronous Livestream 08/14/2023 08/14/2026
    MN CE 14 14 Synchronous Livestream 11/01/2022 10/31/2024 1021779
    MN CE 15 14 1 Synchronous Livestream 11/01/2022 10/31/2024 1021780
    MO CE 14 14 Synchronous Livestream 05/18/2022 06/30/2024
    MS CE 15 14 1 Synchronous Livestream 10/23/2022 08/25/2024 MAB #49905
    MT CE 15 14 1 Synchronous Livestream 01/01/2023 05/23/2025 REA-CEC-REC-15401
    NC CE 14 14 Synchronous Livestream 01/01/2023 12/31/2023 4095
    ND CE 15 14 1 Synchronous Livestream 03/08/2022 03/08/2026 CE-222028
    NE CE 15 14 1 Synchronous Livestream 08/31/2023 12/20/2027 2172485.02
    NH CE 15 14 1 Synchronous Livestream 09/28/2023 09/05/2026
    NJ CE 15 14 1 Synchronous Livestream 01/01/2022 2016-3160
    NM CE 15 14 1 Synchronous Livestream 07/19/2023 05/26/2026 4270
    NV CE 15 14 1 Synchronous Livestream 06/01/2020 08/30/2024 CE.0009777-A
    NY CE 14 14 Synchronous Livestream 01/01/2023 12/31/2023 A4552-14
    NY CE 14 14 Synchronous Livestream 01/01/2023 12/31/2023 A4552-14
    OH CE 15 14 1 Synchronous Livestream 01/01/2023 12/31/2023 084201804A 22
    OH CE 15 14 1 Synchronous Livestream 01/01/2024 12/31/2024 084401504A 22
    OK CE 15 14 1 Synchronous Livestream 11/07/2023 09/29/2026 834
    OK CE 14 14 Synchronous Livestream 11/07/2023 09/29/2026 838
    OR CE 15 14 1 Synchronous Livestream 06/01/2022 06/01/2025 APIN-C-0622-8931
    PA CE 15 14 1 Synchronous Livestream 07/01/2022 07/01/2025
    PR CE 15 14 1 Synchronous Livestream 10/04/2023 12/31/2024 2023-0928-1225
    RI CE 15 14 1 Synchronous Livestream 09/28/2023 09/06/2024 REA.0002064-CE
    SC CE 14 14 Synchronous Livestream 09/01/2022 08/31/2024 CE1505
    SD CE 14 14 Synchronous Livestream 08/03/2022 08/03/2025 SD 1173 CE
    TN CE 14 14 Synchronous Livestream 12/01/2022 11/30/2024 01962
    TX CE 15 14 1 Synchronous Livestream 11/01/2023 09/27/2025 TX Provider #:10 Course #: 37934
    UT CE 15 14 1 Synchronous Livestream 02/01/2021 08/31/2025 AC230821
    VA CE 15 14 1 Synchronous Livestream 08/08/2023 08/31/2025
    VT CE 14 14 Synchronous Livestream 01/01/2022 03/09/2025
    VT CE 15 14 1 Synchronous Livestream 01/01/2022 03/09/2025
    WA CE 15 14 1 Synchronous Livestream 09/29/2022 07/21/2025 A3730
    WI CE 15 14 1 Synchronous Livestream
    WV CE 15 14 1 Synchronous Livestream 02/18/2022 03/22/2026
    WV CE 14 14 Synchronous Livestream 02/18/2022 03/22/2026
    WY CE 14 14 Synchronous Livestream 09/28/2023 09/27/2026 1912
    Course Objectives
    • Recognize key solar PV terms.
    • Identify and use the documents and data necessary to value solar PV systems.
    • Describe and analyze solar PV components and identify their relevance to market valuation.
    • Develop a credible value opinion using tools, worksheets, and resources provided in the course.
    • Recognize potential valuation problems, including USPAP and lender/underwriter concerns.
    Course Details
    Prerequisites
    • An Introduction to Valuing Commercial Green Buildings seminar OR
    • Valuation of Green Residential Properties seminar
     
    Course Materials & Recommended Books
    Pricing Options
    Rate Full Price AI Price
    Standard
    Today thru 06/07/2024
    $450.00 $370.00
    Additional Course Offerings
    Sponsor Date Location Format
    Chicago Chapter October 16-17, 2024 Chicago, IL Classroom View Details Register
    Appraisal Institute On Demand Online View Details Register