Lists all of the journal entries for the day.

Sat, 11 Feb 2012

12:22 AM - Residential Solar Los Angeles-New Addendum Could help Appraisers give Credit for Energy Improvements

 Home Solar System West Los Angeles




A new addendum from the Appraisal Institute could guarantee that an appraiser will take notice of your home's energy improvements and adjust the value of your home accordingly. These are great news for homeowners who have installed solar panels Los Angeles or other energy-saving features. Appraisers hadn't given these homeowners credit but thanks to a new industry-issued appraisal addendum, the odds of them getting credit have improved dramatically.

The Appraisal Institute has published the long waited 3-page addendum in the last month. The addendum is designed to be attached to any current appraisal report that covers property with significant green features. The addendum is available to download online at no cost and can be made part of the appraisal submitted to the lender.

The new addendum does not guarantee that the appraiser will raise the property by the entire amount of what you spent on the solar system Los Angeles, high-efficiency windows, or geothermal systems. It does, however, guarantee that the appraisal will take notice of the energy improvements you have made to your home and come up with a value adjustment based on the local market conditions. This has encouraged many homeowners in California to install solar panels on their roofs.

Any LEED (Leadership in Energy and Environmental Design) certifications need to first be attached to the report along with the information on any recent changes made by the owners. If the home has a solar panels installed, the addendum requires homeowners to give details on the panels such as age, energy production in kilowatt hour, and other important information that affects the energy savings.

Appraisers that are using the new addendum should now be better equipped to identify accurate sales in the area. An appraiser will now be looking for prices of homes that recently sold with and without energy-efficiency features similar to yours for indications of your home's true market value. It is common to gain a higher home value from solar panels and other energy-saving installations. The value increment from the same improvements might be double in many states.
 

tags: panels los angeles solar

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12:31 AM - Residential Solar Los Angeels-Rising Edison Bills Serve as Incentive for Homeowners to Install Residential Solar Panels

Solar Energy Panels Sherman Oaks





Many homeowners in California were surprised to see that their electricity bills have doubled in the summer of 2006. Southern California Edison, which serves 4.4 million households across the greater Los Angeles region said that customers use about 31% more electricity in the summer and that many of them had doubled their usage in that year.


"Consumers could find that their July bills have actually doubled or even tripled because of previously planned rate hikes and the utility's sliding rate structure", said Lynda Ziegler, senior vice president for customer service at Edison. In 2006, Edison had a 15% increase which was charged to consumers who used more than a modest baseline set by the California Public Utilities Commission.

This means that homeowners who were accustomed to paying lower rates because they don't use much will be charged as if they do. A typical household that pays around $80 a month saw a jump in their July bill of over $260. This tiered pricing was designed to encourage conservation because the lower electricity usage, the lower rate per-kilowatt-hour is applied.

Edison's residential customers will continue to see a jump in their electricity bills which is why many have turned to residential solar Los Angeles. Although the increases won't be quite as dramatic for DWP customers, officials say that the increases are on their way. DWP saw increases of about 30% in July of 2006 but some households saw that their bills almost tripled for running their air conditioners around the clock. Unlike Edison, which uses tiered pricing, the DWP charges the same amount across the board.
The electricity bills will continue to shock customers who are already suffering for the charges they racked up during in previous months. Many consumers also saw their power disrupted when transformers with a high electricity demand burned out. These are problems that can easily be avoided with the help of expert residential solar installers. Consumers that depend on a utility company can expect to pay more in the next years sure to the big jumps we have recently seen in the electricity bills.

A better way to encourage electricity is by installing residential solar panels Los Angeles. By utilizing sunlight appropriately, the solar panels are able to generate enough energy for your household appliances. The panels are made of photovoltaic cells which converts natural sunlight into direct current electricity. The electricity then flows into an inverter where the DC Power is converted to alternative current. This AC power supplies electricity for all of your household electrical needs.

tags: solar angeles residential los

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12:34 AM - Solar Installation Los Angeles-Solar Panels more Popular after Increase in Electricity Bills

Solar Power Laguna Beach




Solar panel installation in Los Angeles has become more popular after the 4.8% increase in electricity proposed by the Board of Water and Power Commissioners. Although this increase is much smaller than the initial one proposed, Los Angeles homeowners are taking a stand against rising electricity prices by installing solar panels on their roofs.

Los Angeles Mayor Antonio Villaraigosa said, "With the approval of a compromise plan today by the Board of Water and Power Commissioners, the city now has a reasonable rate plan that safeguards the financial health of the Department of Water and Power while protecting ratepayers." Mayor Villaraigosa also added that the rate hike "addresses the concerns of ratepayers, commits the DWP to clean, renewable energy, and maintains the fiscal well-being of the DWP." The smaller increase will make it harder for the Department of Water and Power (DWP) to reach the goal set by Mayor Villaraigoza to have renewable energy to make up 20% of the DWP portfolio.

Solar panels have become a popular choice after the electricity increases were proposed in California. Solar panels can be designed and installed to help convert your home or business into one that efficiently uses solar power. A common question when it comes to residential solar electric systems is if investment is worth it.

Initially, the solar installation Los Angeles may seem expensive depending on the size of the project. However, it is guaranteed that by switching to solar, you will immediately begin saving on your electricity bill. For some homeowners, being able to reduce your carbon footprint on the planet is sufficient to install solar panels on their home. California provides several rebates and tax rebates to homeowners and business owners as an incentive to switch to solar.

A solar energy system offers homeowners a clean supply of renewable energy for heat and power. A lot of research goes into determining the best design for your home solar panels. One of the biggest factors that go in determining whether solar panels will work efficiently for your home is their placement. The best placement for your panels will maximize sun exposure, this is determined by Solar installers Los Angeles. Although there may be certain times of the day where your solar system aren't in direct sunlight, you will have stored energy to provide energy for your household appliances.

For references, please visit: http://www.myfoxla.com/dpp/money/dwp-electricity-rate-hike-20100415

tags: solar los angeles installation

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12:36 AM - Los Angeles Solar Installers- Los Angeles Residents Encouraged to go Solar after Electricity Increases

Solar Panel Installation Los Angeles



With more than 300 days of sun a year and a number of environmentalists, Los Angeles seems like the perfect city for solar panel installation. Surprisingly, this isn't the case and experts blame it on the cost. Recently, the Los Angeles Department of Water and Power announced that it would increase the cost of electricity by 5%. The proceeds from this increase would go towards renewable energy purchases and programs- an equivalent to a carbon tax since all consumers will see rates fall as the city becomes less reliant on other energy.

With high unemployment rates, flat wages, and a sluggish economy California is still facing tax increases that are supported by Los Angeles Mayor Antonio Villaraigosa. Mayor Villaraigosa argues that this increase will ultimately stimulate the economy by creating jobs to the city. Although Los Angeles has never fully embraced the idea of solar power due to its high cost, there are many solar installation Los Angeles companies that are now offering lower prices to make solar energy affordable. "A well-crafted carbon surcharge achieves two goals," Los Angeles's chief deputy mayor, Jay Carson, said. "The first is a drastic reduction in fossil fuel usage for energy, but the second, and more important for Los Angeles, is the creation of thousands of green-collar jobs."

Under this program, Los Angeles would take a step toward Gov. Arnold Schwarzeneggar's larger goal of one million solar panels Los Angeles on roofs in California by 2018, through state incentive programs. About $150 million will be set aside to use in energy alternatives to use in the city. This money would also be used to pay a feed-in-tariff, where the utility will pay a set rate for electricity from customers who install solar systems. But "feed-in tariffs for solar power is not good use of money," Professor Borenstein from University of California "Solar power at the residential level is not close to economical. There are many things you should do before you subsidize it."

The city also plans on offering more incentives to users who get solar panel manufacturers in Los Angeles giving companies an incentive to open their business here. The city will adopt a popular program in which homes undergo an energy audit and the owners borrow money from the government to make their business more efficient. Californians have been squeezed by high unemployment rates, but Los Angeles residents may not give in to a rate increase so easily.

tags: los angeles installation solar

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12:39 AM - Solar Power Los Angeles- Take a Stand Against Rising Electric Bills

Solar Power Los Angeles  






Many homeowners in California and across the United States are taking a stand against rising electricity prices by installing solar panels on their home. Homeowners that invest in residential solar systems Los Angeles are able to save money since the panels don't rely on coal or any other fuel source to produce power. The only cost of operating a solar energy system is the initial installation price. The price that you pay for solar panels will cover its electricity generation for the lifetime of the panel. Since solar panels do not have any moving parts, the maintenance on the panels is limitless.

In the last five years, electric bills have skyrocketed, a reversal from a quarter century when homeowners enjoyed stable power bills as they consumed more electricity. An analysis of government data done by USA Today found that, on average, homeowners paid a record of $1419 for electricity in 2010 for electricity. This is a $300 increase a year for what homeowners typically pay for electricity.

This is the largest sustained increase in electricity prices since the 1970s. An analysis done on the Bureau of Economic Analysis indicates that Electricity has been consuming a greater share of Americans' after tax income since 1996. This higher cost is driven by greater electricity usage and higher prices per kilowatt hour. Although residential demand for power had been decreasing, it made a strong comeback in 2010 to a record high. Although household appliances and air conditioners consume less power than before, homes are now bigger meaning more air-conditioning and more electronics than before. Residential Solar Panels Los Angeles are becoming more popular as a global search for clean and renewable energy sources expands.

According to the reports of the Energy Information Administration, residential electricity prices have been climbing steadily hitting a record high price of 11.8 cents per kilowatt hour. This increase directly reflects the higher fuel prices and the expense of replacing old power plants. Higher electricity bills are a major problem for low income families. Duke Energy proposes that a rate increase saying that it is needed to replace the old power plants and make the transmission system more reliable.

An agreement was reached with North Carolina to raise utility rates for 7.2% instead of the 17% proposed request. However, Duke Energy is planning to ask for another rate hike next year to cover the costs of new natural gas-fired plants. Although the industry as a whole is facing higher costs, the exact electricity costs vary widely depending on where you live. "High taxes, limits on air-polluting fuels and the expense of maintaining an underground transmission system keep consumer costs high", says Chris Olert, ConEd spokesman.

For references please visit: http://www.usatoday.com/money/industries/energy/story/2011-12-13/electric-bills/51840042/1

tags: residential solar los panels angeles

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