What's Hot: Raze Application Filed For Site Of 900-Unit Development, Food Hall Along Anacostia River
Solar Panels to be Required on New California Homes
✉️ Want to forward this article? Click here.
Florida may be the Sunshine State, but California may soon become the sun-powered state.
The New York Times is reporting that the California Energy Commission will likely approve building code changes to require that solar panel installations be incorporated into all new homes as of 2020. The installations are expected to add $8,000 to $12,000 to the cost of construction.
Newly constructed homes will need solar panels and new developments will be able to have a communal solar installation. Rooftop installations can either be rolled into the price of the home purchase or can be leased separately.
story continues below
loading...story continues above
The new requirement would make California the first state to require that solar power be incorporated in all new homes and falls in line with the state's requirement that at least half of electricity come from non carbon-producing sources by 2030. Currently, about 16 percent of the state's electricity is sourced from solar power.
The Energy Commission has estimated that the new mandate will add $40 in monthly costs for homeowners with 30-year mortgages, but will also save them $80 a month on energy costs. As of next year, a new rate structure will also charge consumers based on the time of day electricity is used.
“The best way to see this code update is as a step, an important step that we defined over a decade ago, part of an overall suite of reforms to reduce greenhouse gases,” said Andrew McAllister, an Energy Commission member. “Any additional amount in the mortgage is more than offset. It’s good for the customer; it’s good for the homeowner.”
See other articles related to: california, california homes, solar energy, solar panel, solar panels, solar power
This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/solar-panels-to-be-compulsory-on-newly-constructed-california-homes/13958.
Most Popular... This Week • Last 30 Days • Ever
Estate taxes, also known as inheritance taxes or death duties, are taxes imposed on t... read »
In this article, UrbanTurf will explore the considerations and steps involved in buyi... read »
The most expensive home to sell in the DC region in years closed on Halloween for an ... read »
Paradigm Development Company has plans in the works to build a 12-story, 110-unit con... read »
The application may signal movement on the massive mixed-use project.... read »
- What Are Estate Taxes and How Do They Work?
- How An Unmarried Couple Buys a Home Together
- The Cliffs in McLean Sells For $25.5 Million, Highest Home Sale In DC Area In Years
- 110-Unit Condo Project Planned in Alexandria Coming Into Focus
- Raze Application Filed For Site Of 900-Unit Development, Food Hall Along Anacostia River
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro