Whitepaper: Geography Dependent Valuation

Applying a Time Dependent Value (“TDV”) analysis uniformly across California to assess solar PV’s value fails to consider the locational value of these resources and results in underestimating their value by roughly 5%. This equates to an estimated two hundred and fifty million dollar undervaluation of solar PV if viewed through a Geography Dependent Value (“GDV”) analysis over the typical life of a solar asset.

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