This Report is presented in three sections. Section 1 describes the objectives of the 2013 Updated Solar PV Value Report, summarizes key assumptions, and provides an overview of the foundational elements of the 2009 Study (Distributed Renewable Energy Operating Impacts and Valuation Study). Section 2 presents the methodologies used in the analysis of the projected solar PV systems and underlying support for the updated solar PV value assessment which is summarized in Section 3.