Savenia Unveils Award-Winning Solar Value Calculator

PrintToday, we’re proud to announce that we’ve brought our award-winning Solar Ratings online – to allow any solar homeowner across the country to find the potential value their system adds to their home at sale. See the full release here.

Selling a solar home can be hard work. And continued media coverage is turning this into a selling issue for installers. Many Realtors and appraisers aren’t fully trained on solar, price premiums vary widely, and solar leases and incentive income have been ignored. We can help.

Homeowners can now get a 30-second FREE online value estimate at http://saveniahome.com. When ready to sell, they can easily upgrade to a verified Premium Savenia Solar Rating Label – the gold standard in the United States that comes with tailored marketing materials to be used at open houses, showings and online advertising to help differentiate a solar home, sell faster and capture more value.

Industry leading solar installers and allies nationwide are unveiling Savenia’s services to their clients to promote the value of solar, differentiate their offerings and provide a great customer experience. We’re now recruiting more innovative companies to be on the cutting edge of this movement to support the value of solar from beginning to end of the ownership process.

Thank you for the continued support

Savenia Announces Collaboration with NREL

UnknownToday we announced that the company has been accepted into the US Department of Energy National Renewable Energy Laboratory NCAP program for the solar technology project titled ‘Validation of PV Lease / PPA Valuation for Catalyst Awardee’. The NREL Commercialization Assistance Program (NCAP) helps emerging companies overcome technical barriers to commercializing clean energy technology. More information on the NCAP program is available at http://www.nrel.gov/technologytransfer/ncap.html.

Thanks for your continued support of Savenia Solar Ratings!

Savenia Wins 2nd DOE SunShot Catalyst Award

photo (1)Last Friday in SFO we won a 2nd award from the US Department of Energy’s ‘SunShot’ Catalyst Program, a prize that acknowledges the most cutting-edge ideas to transform the US solar marketplace. The company’s winning application highlighted an IT prototype of Savenia Solar Ratings, a rating label like CarFax but for home solar systems. Savenia Solar Ratings help home sellers and buyers more easily understand and unlock the monetary value in solar systems with innovative rating labels and marketing materials.

Savenia will receive up to $100,000 from DOE to enable further development of Savenia Solar Ratings. This builds on the $25,000 in IT support received in 2014 when Savenia won the SunShot Catalyst Business Innovation Award.

Savenia Solar Ratings were launched in 2014 to help home sellers capture the full value of their solar systems when selling. Savenia Solar Ratings are part of a platform of Savenia Home Ratings that help unlock the value of various home efficiency upgrades, so sellers can differentiate, sell faster and capture more value. Savenia has rated homes in 6 states, including the solar system on The White House.

A big thank you to Jane Fairweather, Sandy Spring Builders, Bethesda Green, US Photovoltaics and the MDV-SEIA for the support during the development of our solar ratings.

Savenia Finds Increased Home Value in Solar Leases

Screen Shot 2014-05-21 at 3.01.33 PMRecently an increasing number of articles published in national outlets like the Washington Post, Los Angeles Times, NPR and others are warning consumers about the difficulties in selling a home with a leased solar system.

These articles often present an unbalanced view by focusing on rare horror stories, an approach that could easily lead to fewer homeowners choosing to go solar and to the creation of problems in the re-sale market.

As an independent 3rd party with direct experience evaluating solar systems for home sellers in many states, Savenia believes solar leasing can be a valuable option, and calls for a more balanced discussion on the merits of each purchasing method and the implications for home buyers.

Solar leases are a key driver behind US solar growth, and thousands of homes with leased systems have already been sold. Large studies show that homes with owned solar systems sell for a price premium, and our ratings have shown additional value for buyers of solar homes with pre-paid leases or contracts that lock in low energy prices relative to the market, in addition to the environmental benefits.

Solar home sellers need to explain the benefits of their systems to prospective buyers, and firms like ours now provide marketing services to make this process easier.

There are many variations of solar financial contract arrangements in the market and a changing regulatory environment, underscoring the need for scrutiny by both sellers and buyers prior to sale.

Savenia helps homeowners, Realtors, builders and renovators unlock the value of home efficiency upgrades. Solar, High Efficiency Appliances, HVAC, Lighting, Water Heating and more.

Savenia provides home sellers with customized Home Rating Labels, marketing materials and online marketing to differentiate, sell faster, and capture the full value of homes for sale. www.saveniahome.com