Sandia tool determines value of solar photovoltaic power systems
Tuesday, January 31, 2012 - 16:00
in Mathematics & Economics
Consistent appraisals of homes and businesses outfitted with photovoltaic (PV) installations are a real challenge for the nations real estate industry, but a new tool developed by Sandia National Laboratories and Solar Power Electric and licensed by Sandia addresses that issue. Sandia scientists, in partnership with Jamie Johnson of Solar Power Electric, have developed PV ValueTM, an electronic form to standardize appraisals. Funded by the Department of Energys Office of Energy Efficiency and Renewable Energy, the tool will provide appraisers, real estate agents and mortgage underwriters with more accurate values for PV systems.