The impending mandate will radically change the energy industry in the Golden State. Only 15 to 20 percent of new single-family homes in California currently use solar installations. A vast amount of new homeowners may soon be forced to invest in solar panels whether they like it or not—and at a steep price.
The mandate will raise the cost of building a new home by around $25,000 to $30,000. Supporters of the measure point to an estimated $50,000 to $60,000 savings on energy bills over 25 years to offset these initial costs. These savings, however, are largely possible through subsidized rates, where panel owners are compensated for the energy they put back into the grid at a retail rate, not the cheaper wholesale rate.
The vote Wednesday by the California Energy Commission is just the latest in what has been a bullish environmental agenda in the state.
Jerry Brown, the state’s outgoing Democratic governor, has pushed legislation that makes the state’s renewable portfolio standard reach 33 percent by 2020 and 50 percent by 2030. More notably, state leaders have waged war on the White House regarding vehicle emissions standards.
The Trump administration is pushing to ease regulations on the car industry, but Brown has vowed to keep his own, stricter standards in place. Such a different emission standard between the federal government and California, the country’s most populated state, would wreak confusion on the car industry.
https://www.dailysignal.com/2018/05/07/california-might-require-every-home-to-install-a-solar-panel/
The mandate will raise the cost of building a new home by around $25,000 to $30,000. Supporters of the measure point to an estimated $50,000 to $60,000 savings on energy bills over 25 years to offset these initial costs. These savings, however, are largely possible through subsidized rates, where panel owners are compensated for the energy they put back into the grid at a retail rate, not the cheaper wholesale rate.
The vote Wednesday by the California Energy Commission is just the latest in what has been a bullish environmental agenda in the state.
Jerry Brown, the state’s outgoing Democratic governor, has pushed legislation that makes the state’s renewable portfolio standard reach 33 percent by 2020 and 50 percent by 2030. More notably, state leaders have waged war on the White House regarding vehicle emissions standards.
The Trump administration is pushing to ease regulations on the car industry, but Brown has vowed to keep his own, stricter standards in place. Such a different emission standard between the federal government and California, the country’s most populated state, would wreak confusion on the car industry.
https://www.dailysignal.com/2018/05/07/california-might-require-every-home-to-install-a-solar-panel/