Wednesday, September 26, 2007
Sizzling Sales
Solar Hot in Cool Real Estate Market
The one bright spot in the current real estate market is the pace of solar home sales, according to the Los Angeles Times. The paper reports that solar homes are starting to outsell traditionally electrified homes in several markets, and developers are stepping up their use of the technology.
“They sell like hot cakes,” said Bernadette del Chiaro, energy specialist at the advocacy group Environmental California. Julie Blumden, a vice-president at SunPower Corp., a San Jose-based manufacturer of solar roof tiles, said builders using solar were selling homes faster than nonsolar competitors. “The increase in sales velocity is actually paying for the solar systems,” she said.
The boom is helped by California’s Million Solar Roofs rebate program, federal tax credits and growing public and political support for renewable power.
Click here for the full story.
Posted by editor at 11:46 AM under architecture & construction • green
