– Crystal Vagnier – Select Group – Writer/Editor
California has officially become the first state to mandate solar-energy installations on new homes built, including most single-family homes, multi-family residential buildings, condos, and apartment complexes. This requirement, beginning in 2020, will now formally be included in the state’s building code. While there are other cities within the state, like San Francisco, with solar mandates on newly-built buildings, this will go into effect for the entire state of California.
The state has predicted that the new solar standards will save many California businesses and residents millions in energy costs. Some of these new standards include the requirement of solar photovoltaics on new three-story multifamily and residential single-family buildings. The state is also hoping to reduce natural gas needs and eventually switch to electric appliances like highly energy efficient heat pump water heaters.
It is estimated that the costs of new homes may increase an additional $9,500, but this cost will be balanced out by the long-term energy savings of an estimated $19,000 over a 30-year period, according to the California Energy Commission.
If you’re thinking of new investments or a place to call home, reach out to me today to discuss your options and solar opportunities.