The San Francisco California Board of Supervisors voted unanimously on Tuesday to approve the "Better Roofs Ordinance" that will require new construction in the city to install solar energy systems on the roof. The new ordinance includes requirements for both residential solar power systems and commercial solar power systems, including either photovoltaic electric or solar hot water systems, or both.
The San Francisco Board of Supervisors is voting on an ambitious bill to put solar power systems on most all new rooftops in the city that have the appropriate site requirements. The bill is sponsored by Supervisor Scott Wiener and is called the "Better Roofs Ordinance", which if passed would make San Francisco a leading city in the country requiring rooftop solar.
The 2016 US solar energy market forecast is to move up into the number two position in the global league tables, nudging out Japan, and right behind China according to market research. China will continue its position as the world's largest installer of clean solar energy over the next five years as they address their very real mandates of reducing severe air pollution and upgrading electricity grid capacity to service their economy. The US is poised for big growth however in 2016 and in the ensuing five years.
US solar shoppers are exercising their consumer choice and using the internet to research and comparison shop for residential home solar power. After several years of rapid growth, with several of the larger solar companies using fairly aggressive sales techniques, including telemarketing and door to door, consumers are more frequently now taking their time, jumping on the web, and getting multiple bids before pulling the trigger.
Global solar energy and wind energy investment eclipsed fossil fuel energy investment in 2015 by a factor of 2 to 1. Despite record low oil and fossil fuel prices, renewable, clean energy has continued it's relentless march down the cost curve providing some of the lowest cost electricity anywhere. Bloomberg New Energy Finance's (BNEF) global Summit 2016 outlined many of the strong trends emerging in the sector.
Sunrun CEO Lynn Jurich told Bloomberg News that the US solar energy market has never been stronger, despite low oil and fossil fuel prices. The cost of solar energy, and residential solar power systems have been declining, while consumers are demanding cleaner energy solutions for their homes. The combination of lower costs and higher consumer demand has been driving 100% year over year growth in solar adoption.
The City of Cambridge, Ma announced the launch of a new residential solar power program on April 4th called "Sunny Cambridge". The new program will provide access to online tools and resources for residents to make educated choices about solar for their homes. Cambridge, MA is home to such powerhouse institutions as Harvard and MIT, along with the thriving research and high tech ecosystem surrounding these universities.
IKEA, the Swedish retailing giant has announced ambitions to be the world's number one retailer of residential solar power systems. Leveraging their massive customer base and global footprint, the company will be rolling out solar programs starting with the three European countries of the UK, Netherlands and Switzerland, before expanding globally.
A new study just published shows that owner-purchased residential solar power systems can add a premium to a home's sales price. The report produced by the Appraisal Institute, a professional real estate appraisal journal, indicates that buyers are willing to pay an average selling premium of 3.75% or $14,329 for a home solar power system over a comparable house with conventional power. The study looked at six states, and normalized the analysis for comparable fair market value homes with available solar system data.