31 May California Passes New Law Requiring Solar Panels on New Homes
California Legislature Acts on Solar Energy
California continues to be standout leader and innovator in clean-energy goals. The California Energy Commission (CEC) passed a new requirement this month to take effect on January 1st, 2020 that all new homes must have solar power systems. The requirement also extends to condominiums and apartments of up to three stories high. California is the first state to make it a statewide policy when compared to other states that have such policies in place but for only certain cities or regions. The initiative is set to help the already growing solar power industry which provides almost 16% of California’s electricity and employs 86,000 people across the state, according to the New York Times.
An Environmentally Friendly Initiative
The initiative is part of the Zero Net Energy (ZNE) goal to make the energy consumption of a building roughly equal to the energy it produces. The initiative is part of a broader goal of reducing the states greenhouse gas emissions by 40%, below levels of 1990, by the year 2030. Electricity that is consumed by residential and commercial buildings is responsible for 14% of the state’s greenhouse pollutants, according to the California Public Utilities Commission. The CEC estimates that the move will mark a reduction in greenhouse gas emissions by 700,000 metric tons over the following three years. Currently, about 15,000 homes are being built in California with solar photovoltaic systems built into them. With the new requirement in place, it’s estimated to rise to 80,000 homes a year.
Cost will pay for itself in energy savings
As new homes are constructed with new solar panel systems, the cost of homes will increase. The requirement is estimated to raise the price of a home from $8,000 to $12,000 more. The increase will cost residential homeowners about $40 extra per month, based on a 30-year mortgage. The cost savings in the long term will be an $80 a month payment reduction on their heating, cooling, and lighting bills estimated by the CEC. In the long-term, heating, cooling, and lighting bill costs will decrease in comparison to those without solar panel systems. With the boom from the requirement, the solar panel industry is expected to expand. This growth should, in turn, further innovations and lower costs of installation and technology. Residential homeowners can also take advantage of the Residential Renewable Energy Tax Credit by December 31st, 2021 when the tax credit will expire to help reduce costs of solar panel installation for residential homeowners.
Bison Roofing & Solar is here to help you with renewable energy
Every day, the need for renewable energy increases and moves toward reducing greenhouse gas emissions. As the world turns to more environmentally friendly and clean-energy, we at Bison Roofing & Solar will be there to provide quality products and expert advice to you. Make the switch today and save money on your electrical costs while helping make the planet a better place to! Call us today at (954) 516-2085 or visit our website to view our products and request a free solar evaluation.