With the approval, California becomes the first state in the nation with a solar panel requirement.
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SAN DIEGO (KGTV) - New figures out Monday show how much a proposed California solar panel mandate could cost home buyers.
According to the California Energy Commission, the mandate would add $9,500 to the price of the home.
Split up over the life of the mortgage, the mandate would add roughly $40 a month to a mortgage payment.
The commission added that the solar panels could save $80 a month in electricity. The commission is set to adopt the new building energy standards that, in part, require all new homes constructed to include solar panels.
The mandate affects all single-family and low-profile homes, condos and apartments that obtain building permits after January 1, 2020.
If approved, the standards will also include updates to ventilation, nonresidential lighting and heat transfer standards.
Under the standards, build credits would be offered for installing batteries. Exceptions could also be made for homes shaded by trees or with roofs too small for the panels.