California is doing what appears to be an inevitability for many places in the future. In the process, however, the Golden State is making a bit of history.
The state is all set to become the first ever to require solar panels on all newly built, single-family houses. The new regulations, once they are passed by California’s Energy Commission, will go into effect in 2020.
Strangely enough, neither consumers nor voters have a say in the decision, which the commission expects will raise the average cost of a new single-family home by $9,500.
However, it is estimated utility bills will decrease by approximately twice that much over the period of a 30-year mortgage.