In the face of slumping housing prices and a slew of pending foreclosures, some California homebuilders are expanding efforts to incorporate solar-power systems into residential projects. The latest deal comes from a partnership between the Sacramento Municipal Utility District (SMUD) and Woodside Homes, a Utah-based homebuilder. In all, 1,487 solar-powered homes will be built in Sacramento County by 2012. This is definitely buenas noticias for builders and owners alike.
Under the California Solar Initiative (CSI), the California Energy Commission offers generous rebates and loans for the purchase of solar-energy systems. In addition, both builders and homeowners are eligible for a $2,000 tax credit from the federal government. The agreement with Woodside Homes marks SMUD’s tenth such deal. If all goes as planned, Sacramento will see more than 4,100 brand-spanking-new solar-powered homes built between now and 2012.
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