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How California's proposed building standards will boost solar ABS

How California's proposed building standards will boost solar ABS

The move was meant to help cut energy use in new homes by over 50% and is expected to cut greenhouse gas emissions equivalent to taking 115,000 cars off the roads. The move represents a quantum leap in building standards at a national level.

"You can bet every other of the 49 states will be watching closely to see what happens", he said.

The State of California is mandating that most new homes have solar panels installed during construction, which will help it meet its renewable energy and greenhouse gas reduction goals.

"This is an undeniably historic decision for the state and the US California has always been our nation's biggest solar champion, and its mass adoption of solar has generated huge economic and environmental benefits, including bringing tens of billions of dollars of investment into the state", said Abigail Ross Hopper, president and CEO of the Solar Energy Industries Association. According to the California Energy Commission (CEC), 74,154 new single-family homes would be built in 2020, which could translate into the addition of 222 MW of solar capacity at a size of 3 kW per home for that year. The price of solar has dropped dramatically in recent years. Vivek Sharma, Senior Director, Crisil Infrastructure Advisory, said: "The Central Electricity Authority and the Central Electricity Regulatory Commission will have to come out with norms that can allow the sale of hybridised power generated from existing projects". But the returns of energy savings in the form of cost savings would be much more.

But Republican legislative leaders argue Californians can not afford to pay any more for housing in what is already an extremely expensive market.

About 117,000 new single-family homes and 48,000 multi-family units will be built in 2020, the commission estimates. Some homes that are shaded by trees or taller buildings, or have roofs that are too small for panels, would be eligible for exceptions.

On May 14, Food Works, a non-profit in Carbondale, and AES Solar, a solar energy company in Carterville, walked local farmers and members from the public to talk about what they can do to go solar.

California is already the nation's No. 1 market for solar installation.

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