Developing Aggregated Data Sets to Standardize the Collateral Valuation Process Utilizing an Economic Pricing Model

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Energy Sense Finance is developing solar valuation data sets to assist real estate appraisers, along with other professionals involved in the solar transaction process, in determining the asset value of both existing and proposed solar photovoltaic (PV) systems. The new approach recognizes that the lack of verifiable data is a current barrier to developing credible opinions of value for solar as an asset class. The solution utilizes data sets to better align current solar valuation methodologies with those used in traditional, low cost of capital lending markets. By removing barriers to credible valuation of solar systems, the Ei Value™ web application can establish a verifiable solar asset value even before financing is issued and a system is installed. This will benefit homeowners, real estate appraisers, realtors, lenders, insurance companies, green raters, credit rating agencies and third party owners among others by streamlining the solar valuation process and effectively opening up access to a lower cost of capital.