A New Perspective on the Valuation of Solar Developments in NH

Packy Campbell, the founder of Bright Spot Solar and a veteran NH Real Estate broker, will provide information on Solar equipment types and their effect on Real Estate values.  Mr. Campbell will provide information and insight on how to evaluate the different types of solar technologies and the variety of solar installation situations including lease arrangements, purchase power agreements, solar easements, and solar equipment purchases from his unique perspective as a solar installer, owner, investor, developer and Realtor.

 

The following topics will be addressed:

·       Introduction to Solar Equipment options: Explanation of solar trackers, their function, and how they improve the efficiency of solar panels by orienting them toward the sun throughout the day. Looking at the pro and cons of Trackers vs. Traditional ground-mount or roof-mount solar technology.

 

·       Efficiency and Energy Output: Discussion on how solar trackers can increase the energy yield of solar installations compared to fixed-tilt systems.  How we value the project based on KWH AC of production.  How to read a solar output report.

 

·       Regulations in NH, understanding how Net Metering affects market value of solar installations. Looking at true ROI of Solar investing in both dual use situations and standalone solar projects. Brief overview of interconnection rules and process in NH understanding the challenges to getting solar on to the NH electrical grid. Misconceptions in the marketplace of cost shifting at the State level.

 

·       ROI, the case for the solar investment. Understanding the depreciation benefits and the Solar special treatment under depreciation rules, Investment TAX credits and bonus tax credits. USDA Grants programs. Impact of those programs on the value of the solar investment.

 

·       Economic Appraisal: Evaluation of the cost-effectiveness of solar trackers, including upfront costs, maintenance, and potential for higher energy production. Factors to consider in value of solar assets, lease deal, purchase power agreements, solar investment; each has different value considerations.

 

·       Impact on Property Value: Insight into how installing solar equipment affects property appraisal values, including their potential to increase a property’s marketability and long-term financial returns. Focus on the limited impacts to property value based on the type of solar and financial benefits to the property owner.

 

·       Environmental and Social Impact: Emphasis on how solar trackers contribute to renewable energy adoption, sustainability goals, and reducing the carbon footprint. Financial benefits of Solar to the public and others not on distributed energy.

 

·       Challenges and Considerations: Potential challenges, such as initial investment costs, technical complexities, and site suitability. How to evaluate new construction solar projects.

 

·       Case Studies or Examples: Presentation of real-life examples or case studies showing successful implementation and benefits of solar. Reviewing SNDA agreements, sample PPA agreements, solar easements and equipment owned by owner of Real Estate.

 

·       Future Trends: Discussion on innovations in solar tracker technology and their implications for the energy and real estate sectors. What are the future of solar regulations and incentives?

 

Each topic above will receive 10 minutes of discussion time with questions being encouraged on each topic section, and a Q&A period at the conclusion of the seminar