Attention all prospective homebuyers in California! Looking for a new build home? Starting in 2020, all new homes in California must come with solar panels. This has been part of the state’s overall goal to reach net-zero energy use in residential homes so that homes will be able to produce the needed amount of energy to offset both electric and gas bills combined. The California Building and Standards Commission approved this mandate in December, and builders are spending all of 2019 planning the best strategies to help home buyers and comply with these new regulations.
For those worrying about the added costs that come with this bill, don’t fret! We’ve been helping builders prepare for 2020 with commercial solar savings! Energy Commission spokeswoman Amber Beck claimed that the monthly mortgage payment “could rise by $40 as a result of higher home prices, but increased energy efficiency will cut monthly utility bills by $80.” The Energy Commission estimates that solar panels will save homeowners an average of $19,000 over 30 years but add roughly $8,400 to the upfront cost of a single-family home. This is a great deal for a new Californian homeowner because it provides long-term savings and allows residents to take part in a major initiative that’s drastically cutting current annual carbon dioxide emissions caused by electricity.
If you own an older build, you won’t be required to upgrade to solar, but it may be in your best interest! Now is the time to seize this opportunity and cut down on pricey bills. As we all know from recent headlines, PG&E is petitioning to increase their monthly rates to over 7%. Not to mention, they’re increasingly mitigating fire dangers by shutting off power to residents during storms or on windy days. A solar system with a battery back-up will ensure you’re not worrying about a freezer full of food, or without AC for days. If you act now and go solar with us this year, you’ll be eligible for a tax credit worth 30% of your installation fee! This tax credit will be greatly decreasing in 2020 though, so save while you still can!
This new home solar mandate will go into effect on January 1, 2020. Since this recent law has made affordability a major concern in California, we want to make it our mission to teach our community how to invest in solar smartly before housing prices increase in the years to come. Our team is offering a free consultation and will personally walk you through how you can be proactive without breaking your bank. Take advantage and get your solar today!