Solar panels on new homes will be mandatory for most new homes built in California from 2020 as per new building standards ratified by the California Energy Commission on Wednesday.
Solar panels on new homes
This move is the first in the United States which will provide a welcome boost to solar panel manufacturers and installers. According to the Australian Financial Review, California adds about 80,000 new houses per year. Currently, the California Solar & Storage Association estimates that 15,000, or almost one in five homes come with solar. The new standards are expected to increase demand for solar systems by 10-15%.
The new mandatory solar scheme will raise the cost of a new home by nearly $10,000, according to estimates. This will mean around $40 USD per month in extra mortgage repayments which will be more than offset by a projected $80 USD saving on energy bills.
“We cannot let Californians be in homes that are essentially the residential equivalent of gas guzzlers,” Commissioner David Hochschild said before the vote.