Installed solar photovoltaic (PV) capacity more than tripled in the past three years, while installed costs for residential and commercial systems have fallen by about 30 percent. Industry analysts forecast that PV capacity will double from current levels by the end of 2015. Increased adoption of distributed generation, particularly distributed solar PV, will change utility-customer interactions, cost recovery, and revenue streams. A number of regulatory models and rate design alternatives are available to address the challenges posed by the transition toward increased adoption of distributed PV. In a webinar held on Thursday, February 20, 2014, Joyce McLaren of the National Renewable Energy Laboratory (NREL) and Carl Linvill of RAP discuss sources of costs and benefits from increased adoption of distributed PV. They also examine how regulatory models indicate different roles and value propositions for consumers, utilities, and non-utility electricity service providers. Finally, they provide insight into rate design alternatives and their effect on the value proposition for PV adopters, non-adopters, and utilities.