QUICK NEWS, April 21: HOW TO DECIDE ON SOLAR; NEW ENERGY’S PROPERTY VALUE; THE EPA CLEAN POWER PLAN, JOBS, AND THE ECONOMY
HOW TO DECIDE ON SOLAR How to Know If Solar Energy Is Right for Your House
Travis Holum, April 20, 2015 (Daily Finance)
“By the end of 2015, solar panels will be on more than a million homes in the U.S. In over a dozen states around the country, you can go solar with $0 down and actually save money on your electric bill -- and more states are coming online regularly…[Here’s how to] know if you'll be a prime candidate for benefiting from solar energy…Solar energy only makes financial sense for your home if solar panels can make electricity for a lower cost than what you pay a utility for electricity. Not only does a sunny climate matter, high electricity costs are essential as well…[T]he next question is whether your home works for solar…[T]he surface area covered by panels needs to be at least 270 square feet…with a [south or west-facing] 35-degree pitch…There are three main ways to pay for solar panels today: cash, loan and lease. Cash is simple enough…All tax or cost benefits then go to the owner]…Loans are beginning to grow in popularity and complexity…The most common financing for solar panels today is the lease [with] a company like SolarCity…” click here for more
NEW ENERGY’S PROPERTY VALUE Energy-Efficiency Retrofits Offer Higher Returns for Real Estate Investors…
April 21, 2015 (Rocky Mountain Institute)
“…Many real estate investors are beginning to realize they can earn higher returns from their properties by investing in deep retrofits, which employ integrated efficiency measures to reduce energy consumption by 30 percent or more compared to pre-retrofit use while achieving superior sustainability. These types of retrofits can reduce operating costs and are able to improve the satisfaction and health of occupants, as well as enhance the sustainability leadership, reputation, and risk management of tenant companies…RMI is working to equip real estate investors with practical guidance to incorporate all the value elements of deep energy retrofits—both energy and non-energy benefits—into their decision making. This guide defines and provides clear guidance for investors to identify key value elements for deep retrofits, including how to prepare a comprehensive deep retrofit value report to be presented as part of a retrofit capital request. The key value elements include…Retrofit capital costs…Non-energy operating costs…Tenant revenues…Sales revenues…[and] Retrofit risk analysis…” click here for more
THE EPA CLEAN POWER PLAN, JOBS, AND THE ECONOMY Independent Analysis Shows The EPA’s Clean Power Plan Increases Economic Growth And Jobs Nationwide
April 21, 2015 ()
"The Long-term Interindustry Forecasting Tool (LIFT), a macro-econometric model developed and maintained by the Interindustry Forecasting Project (Inforum) at the University of Maryland, indicates that the proposed CPP will likely increase U.S. employment by 196,000 jobs by 2025. Much of this growth will take place in the construction industry with a likely increase of 58,000 jobs, followed by retail trade with a projected addition of 55,000 jobs...Compared to other studies examining the EPA’s CPP, the LIFT analysis breaks new ground by providing an economy-wide assessment of the rule’s impact on employment from independent third party analysts at UMD and Industrial Economics..." click here for more
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