In this paper, we investigate the use of monofacial PV models to simulate the production of bifacial PV systems over different albedos. Analytical and empirical models were evaluated using measured data obtained from three identical bifacial PV arrays: (1) with the backside covered by white plastic, (2) with normal albedo, and (3) with high albedo. The front-and rear-side irradiances were measured in order to integrate bifaciality of the modules into the models. The models showed good performance for non-real-time monitoring, especially under clear skies, and the analytical model was more accurate than the empirical model. The heatmap visualization technique was applied to six months of data in order to investigate the site conditions on the rear side of the modules as well as the accuracy of the models. The heatmap results of the rear- and front-sides irradiances showed that the installation conditions, such as the azimuth angles of the sun and the surrounding obstacles, had a strong impact on the energy received from the back of the modules. The heatmap results of the models validated the performance of the analytical model. The average daily errors for the analytical model were less than 1% and 3% for normal and high albedos, respectively.