Reckless use of conventional sources of energy has frightened the world. Solar power has become a reliable weapon to deal with the growing level of pollution, and solar panels are capable of cutting down the expenses of electricity. According to Allied Market Research, the solar energy industry will reach $422 billion by 2022.
The California Building Standard Commission (CBSC) has approved a new solar power law. According to this law, every new house will have to install solar panels from 2020. Eight members of CBSC voted to include this new regulation into the state's building code. This announcement is unique and will make California the first state to have such a rule.
This regulation will enable the houses of California to consume 53 percent less energy than before. As per the U.S. Energy Information Administration, an average California household consumes 6,500 kWh per year. Currently, according to VOX report, in 15 percent of newly built houses, solar panels meet the necessity of electricity. But, California is aimed to draw 100 percent of electricity from renewable sources by 2045. This is a drastic decision that will help the state to reach its goal.
People are afraid of the great expense that is related to the installation of solar panels. The state officials approve, there needs an investment of $10,000 for installations and other new improvements. They say that the cost will be balanced in the course of time because people will get rid of the higher electricity bills. According to the building commission, a man will be able to save $19,000 in 30 years. From 2020, the homebuyers in California either will have to pay for solar panels or have to enter a power purchase agreement with developers. People are intimidated that this new mandate will not only be harmful to the buyers but also to the real estate developers and agents, but many industry groups have supported this rule. During the May hearing of the energy commission, the majority of members firmly voiced their support for solar panel implantation. California expects that this decision will be helpful to achieve the carbon-neutral status, but the California Energy Commission has not failed to mention that it has currently achieved only 32 percent of the goal.