RE/MAX 440
John F. O'Hara

John F. O'Hara
731 W Skippack Pike  Blue Bell  PA 19422
Phone:  610-277-4060
Office:  215-643-3200
Cell:  267-481-1786
Fax:  267-354-6973

My Blog

Incentives Help Homeowners Go Solar

October 4, 2016 2:21 am


Solar energy is economical, effective and efficient—and solar incentives today, according to a recently released report, make it even easier to adopt.

The Consumer Energy Alliance (CEA)’s “Incentivizing Solar Energy: An In-Depth Analysis of U.S. Solar Incentives” is a comprehensive quantification of solar incentives that analyzes the cost for a typical solar facility in 15 states. The publication also details the federal, state, and local incentives available for rooftop solar photovoltaic (PV) systems.

In many states, the incentives collectively exceed the total cost of installing a solar PV facility, particularly for third party-owned (TPO) facilities, according to the report. When a homeowner leases a solar PV facility (or purchases its energy output through a long-term contract), the TPO receives the federal ITC and 5-year accelerated depreciation, based on the fair market value of the facility, rather than its installed cost.

Balancing cost versus return continues to be a challenge, the report cautions—the non-incentivized cost of producing a kilowatt hour (kWh) of energy with residential solar PV is much higher than the non-incentivized cost of producing a kWh of energy with a large-scale solar PV; consequently, incentivizing residential solar PV may not be as economical as it should be.

For example, net metering programs, which pay homeowners with solar PV systems high rates for their excess electricity production, shift fixed utility infrastructure costs onto non-solar homeowners, who are typically less affluent than those with a solar PV system.

Still, on a dollar-per-kWh basis, even the least-incentivizing package exceeds the incentives provided for large-scale solar PV projects, the report shows.

More information on the incentives can be found at SolarEnergyFuture.org.
 

Published with permission from RISMedia.


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Mud Rooms, Offices Rank High for Homeowners

October 4, 2016 2:21 am


A mud room and an office come in at the top of homeowners’ wish lists—and a gym and a movie theater have dropped off it, according to the recently released American Institute of Architects’ (AIA) Home Design Trends Survey.

“Heavy investment in outdoor living spaces, mud rooms and home offices indicate that consumers are placing a premium on practicality and functionality,” said Kermit Baker, AIA chief economist, in a statement on the survey. “Things have changed a lot from a decade ago, when home theaters and exercise rooms were some of the most popular ‘special function’ rooms in homes.”

In addition to a mud room, an office and outdoor living space, homeowners are remodeling for a designated guest room (e.g., an Au Pair or in-law suite) and a sun room or three-season porch, according to the survey.

Remodeling for accessibility is also common, though somewhat less so as more new homes are being designed to accommodate “aging in place.” Popular accessibility projects, the survey found, include adding a first-floor master bedroom, an elevator and handles.

“Although accessibility features remain an important issue to homeowners, demand for some of these features has leveled off in the custom residential arena,” Baker said. “As more homes become equipped to handle an aging population of homeowners, less custom work needs to be done to address specific accessibility issues.”

Automated features are in-demand, as well, some with the dual benefit of convenience and energy efficiency. Up-and-coming features that homeowners have begun to request, the survey found, include an air purification system, a backup power generator, an electrical car docking station, solar panels and “super” insulation.

Source: American Institute of Architects (AIA)
 

Published with permission from RISMedia.


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