Today we updated our solar rating algorithms for Washington DC to capture the value of recent legislation extending solar incentives https://mayor.dc.gov/release/mayor-bowser-signs-renewable-portfolio-standard-bill-law.
We calculate that recently installed DC solar systems that own SRECS will see an overall increase in their system lifetime cash flows of around 20% as a result of this new law. For a solar system size of 8kW, this translates into an increase of around $15K. This is on top of the very attractive incentives already in place in DC for solar homeowners.
Savenia will incorporate these changes into all new DC solar ratings from today. Savenia Solar Ratings are available in all 50 states.
Savenia Solar Ratings for Installers – Provide solar customers with a powerful, 3rd party independent report on the value added to the home as a result of solar installation.
Savenia Solar Ratings for Home Sellers – Provide potential home buyers with a 3rd party, independent report and marketing materials to help differentiate a solar home, sell faster and capture more value.