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Updated almost 6 years ago on . Most recent reply

Account Closed
  • Real Estate Agent
  • Las Vegas, NV
1,347
Votes |
2,334
Posts

California to make "Solar "mandatory for new Homes!!!!!!

Account Closed
  • Real Estate Agent
  • Las Vegas, NV
Posted

The first state in the nation to make solar mandatory for new builds starting in 2020  . Pros? Cons?

https://www.cnbc.com/2019/02/15/california-solar-p...

Most Popular Reply

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171
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Andrew Smith
  • Investor
  • Valencia, CA
130
Votes |
171
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Andrew Smith
  • Investor
  • Valencia, CA
Replied

Hi @Account Closed I'm happy to run numbers with you in AZ, because what you have posted is certainly no reflection of the reality I work with there. My latest customer, for example in Prescott Valley had a utility bill averaging $183. We eliminated that bill with a solar system that costs him $149/month for 20 years with no increase. If you factor in inflation on the utility at 4% annually then he will save tens of thousands over 20 years. He did not come out of pocket one cent to do that with the zero down loan.

For sure batteries are the next massive step that is and will happen in solar and renewable, but for now the utility is the "battery" through net metering. The over-production from solar is purchased by the utility. At night power is purchased back from the utility. The goal to offset that overall bill to zero - depending on the roof space etc.

There are some small utilities in AZ that have punitive conditions for solar, but for the overwhelming majority, the numbers for solar in AZ are excellent. Batteries are already economically viable in CA because of the cost of utility power. It will be around 24 months before that's the case in AZ

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