California's Title 24 Standard Mandated Solar Panels Will Save You Money

California is bright, so bright, and the fate of solar in the golden state is shining much brighter now that that the California Energy Commission unanimously determined to mandate that all new homes built after Jan 1,  2020 will have solar panels installed.

Updates to the Title 24 Standards decree that builders who obtain installation permits issued following the mandate go into effect must fit new homes with a solar array that has an annual electrical output equal to, or greater than the homes electrical yearly usage. If you’re a home builder in California, here’s three reasons this change will be worthwhile for you:

Monthy Payment Savings

In a housing market where home prices are already high, some say inflated, the requirements are estimated to add nearly $9,500 to build costs or an added $40 a month in mortgage payments. So how does that save the earnest home buyer money?

According Energy Commission spokeswoman Amber Beck, improved home energy efficiency will shave on average about $80 off regularly energy bills. Subtract that from the raised mortgage, and you end up having a net gain of $40.

Even better is the reality that it’s a pretty certain bet electrical rates will remain rising over the next few years, and suddenly it converts to a much more appealing situation to own a new energy efficient home adapted with solar than an older one that fetches more money to power.  

Location Darling

Much like selling a house, location is everything when it comes to adorning out a home with a solar panel system. The location of a home will decide how many panels it needs to complete the Title 24 Standards, and will make building in areas that have a higher Sun Number more attractive.

For instance, California’s average system size across its various climates comes to approximately 3.38 KW, or about twelve 3ft x 5ft solar panels.

The location will also come into action when it comes to grasping where to source bulk opportunities on equipment to maximize profits. Wholesale online dealers such as HahaSmart will normally go the extra mile and help with contracting out the installation and presenting advice on the best direction and angle to build a roof.

Solar Upsell

The brand-new building rules are also offering a credit for solar capability combined with on-site energy storage. The credit is meant to support builders and/or buyers to include energy storage systems to improve the efficiency of their solar array and can be offset with monthly fees.

Finally, while the code is might seem ambitious at first read, it omits a lot of interpretation and wiggle room up to the contractors to determine how they will achieve it. If necessity is the mother of invention, many of us in the Golden State citizens are looking forward to seeing all the innovative modern solar homes that will soon increase.

We know you want the best price on solar possible.  We here at HahaSmart you will have a look at what we can offer you on the cost of solar panels and cost of solar installations. We will strive to find you the best prices available. Follow the solar experts. Try our price checker tool. It tells you how much solar power you need and how much you can save on your energy bills each month. Please visit our solar blog to find out more about the benefits of going solar.