Solar Panel Requirement For New California Homes Clears Hurdle

INTRODUCED NEW LEGISLATION REQUIRING THEM TO DO THE SAME AFTER IT RESISTED IN MARCH CALIFORNIA WILL SOON BECOME THE FIRST STATE IN THE COUNTRY TO REQUIRE SOLAR PANELS ON NEW HOMES

THE NEW RULES GO INTO EFFECT IN 20BETWEEN WE ARE LIVE, GETTING ANSWERS ON WHAT THERE MAY MEAN FOR CALIFORNIA'S ALL RIGHT PRICEY HOUSING MARKET, DREW? BOTTOM LINE, HOME PRICES ARE GOING TO GO UP THE NEW REGULATIONS APPLY TO SINGLE-FAMILY HOMES OR APARTMENTS WITH STORIES THAT ARE FEWER THAT ARE GOING TO BE BUILT BY AFTER JANUARY 2020 AND WHILE SOME ARE SAYING IT IS WORTH THE WAIT Reporter: HOMES IN CALIFORNIA ARE GOING TO GET AN ENVIRONMENTAL UPGRADE

AN IMPORTANT STEP, ONE FORWARD LONG PLANNING THE STATE COMMISSIONER SAYS THE REQUIREMENT FOR SOLAR PANELS HAS BROOD SUPPORT WE HAVE BEEN WORKING WITH THE BUILDERS FOR THE LAST 10 YEARS, GET THEM COMFORTABLE WITH SOLAR AND THEY ARE PEOPLE WANT TO BUY HOUSES WITH SOLAR ON IT Reporter: ULTIMATELY THE CUSTOMER IS BETTER OFF

THE ENERGY COMMISSION ESTIMATES THAT THE PANEL MANDATE WILL COST HOMEOWNERS ROUGHLY $40 A MONTH IN AVERAGE MORTGAGE PAYMENT BUT THE COMMISSION SAYS THAT PEOPLE WILL SAVE ABOUT $50 A MONTH ON THEIR UTILITY BILLS OVER THE LIFE OF THEIR MORTGAGE THAT IS CASH BACK IN YOUR POCKET WHAT ABOUT PEOPLE TRYING TO ENTER THE HOUSING MARKET? THE UP FRONT COST OF THE PANELS CAN BE $10,000 OR MORE THAT IS WHY WE WOULD BE CONCERNED IN THIS CASE ABOUT ANY IMPACT TO THE COST OF A HOUSING MARKET THAT IS ALREADY HARD TO GET INTO Reporter: A GROUP THAT PROVIDES LOW INCOME FAMILIES OF LOW INCOME HOUSES FOR RENT

WE ARE AHEAD OF THE CURVE WE HAVE DEVELOPED 0 ENERGY HOUSING MANY OF THE PEOPLE SHE SERVES MAY BE HURT BY INCREASING COSTS IT IS EXTREMELY DIFFICULT ALMOST IMPOSSIBLE IN MOST CASES

SHE WOULD LIKE TO SEE A REBATE PLAN TO HELP LOW INCOME BUYERS ACCESS THE MARKET Reporter: WHILE THE REGULATIONS DID PASS THE ENERGY COMMISSION THEY STILL HAVE TO GO BEFORE THE STATE BUILDING COMMISSION IT IS EXPECTED TO PASS WITH EASE

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