California mandates solar on new homes at $30K cost

Legal InsurrectionIn the long-term, solar panels benefit homeowners. While the upfront cost for building a home will increase—by as much as $10,000, according to the California Energy Commission, or as much as $25,000-30,000, according to home construction company Meritage Homes—long-term energy bill savings will be considerable.

Energy bill savings will not be considerable. I know because I priced them on my home (in Texas, an ideal place for solar). The price above was typical of the quotes (even though the government panel estimated $10K) and it takes 20 to 30 years to pay off from energy savings. The typical life of a solar panel is 30 years, meaning you have to pay it again after that.

There's a lot of California that isn't in ideal solar territory and their housing prices are already sky-high. This is insane.

This entry was published Sat Dec 29 08:48:21 CST 2018 by TriggerFinger and last updated 2018-12-29 08:48:21.0. [Tweet]

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