Year over year, the solar industry continues to achieve substantial growth in states such as Vermont. This growth is due in part to the rise in relative cost of electricity, combined with declines in costs to manufacture and install solar. While these factors create a competitive cost for solar power, local and federal policy are also in place supporting the growth of solar in the US. While these factors have created new opportunities for businesses, different companies are operating with various business models as they sell and install solar on a property. While a homeowner is generally presented with the savings that will be achieved by installing the solar system, the underlying programs can vary. With uncertainty around the variability in the equipment installed as well as the agreement surrounding ownership of the system, homeowners, realtors and appraisers are experiencing new challenges in accurately guiding clients through the sale and purchase of a home.
The purpose of this presentation is to provide an overview of the solar industry as it relates to residential home sales. This is includes everything from solar industry history, to state and federal policy, as well as specific equipment and related warranties. Lastly you will see the current state of research and tools available that has been completed to determine how a solar system will influence a value and sale of a home.Register for Solar 101
Instructor: Jake Elliott
Jake grew up in small town coastal town in Massachusetts. After completing his degree in international business from the University of Denver, he was positioned in Costa Rica as a Peace Corps volunteer to work with a team focused on community economic development and conservation. When that service ended, he stayed in the country to manage a small solar powered eco-lodge on the Osa Peninsula. This experience developed into a greater passion for renewable energy and sustainability leading him back home to apply that passion to the progress taking place in New England.
Before joining SunCommon, Jake worked at the community level in Massachusetts to spread the adoption of energy efficiency and solar energy options for residents throughout the state. During that time he also completed a MBA in Sustainability at Antioch University in Keene, NH as he saw this program representing the belief that values led business can and should be a driver for social and environmental change in our world.
Now at SunCommon, Jake is thrilled to be working with the organizing team to engage Vermonters on the value and benefits of going solar! Outside of work you can find Jake hiking, rock climbing, biking or snowboarding in the beautiful mountains of New England.