So if you spends 28% of gross household income on the mortgage, you need $103,029 / yr to afford that median-priced home.
But the median U.S. household income in 2020 was $67,527, and would be spending almost 43% of gross income on that median home.
#realestate#affordability
The monthly mortgage payment on the median-asking-price home — which has risen to $408,458 — has hit a record high of $2,404 at the current 5.27% mortgage rate, per Redfin. #realestate
Demand for grid electricity hits record low in New England on May 1: more than 1/3 of the region's power comes from distributed #solar
80% of Vermont's power generated by #renewables (w/ #energystorage)
Rooftop solar really does make a difference...
https://t.co/R2ZtUwpUY7
Pamela Brookstein of @ElevateNPO speaks to the need for engaging marketing materials that communicate the benefits of #highperforming features in the home sale — e.g. a @pearlcert home sells for a higher price due to the certification.
@JoinBPA #CEFH conf
“Don’t bury the lede.” @wcaseymurphy, Senior VP at @pearlcert, discusses how #energyefficiency and #solar contractors need to connect with homeowners over the things owners care about — not usually energy efficiency or savings.
At @JoinBPA’s #CEFH conf
Historic Cali drought halve summer #hydropower output, driving spikes in NG usage, gas prices, & #CO2 emissions. @UtilityDive: CA faces perfect storm regulators have little control over.
Mostly true, but the #solar net metering IS under CPUC's control...
https://t.co/ZYCtaVQrqC
Winter storms intensify in the southern hemisphere; reaching intensities not predicted until 2080 by previous climate change models.
Effects could include more rapid warming of south pole, as well as more storm damage in southern hemisphere countries.
#climatechange
More than 60 businesses call on state gov'ments to invest $billions of new Federal funds in #energyefficiency initiatives, including #hvac upgrades, efficient water heating, & #weatherization of low-income homes
Signatories include @CeresNews @johnstoncontrols @ikeausa@JoinBPA
An important letter to governors and administration officials in several states today — calling on them to expand #energyefficiency programs to create green jobs, reduce pollution, and cut energy costs. https://t.co/cnyQ1g3tPY (via @CeresNews)
Global heat pump market posts rebound in 2021: expands by 15% in the US, and by about 25% in Europe.
Interestingly, in Europe the coldest countries have been driving the fastest growth.
#energyefficiency#heatpumps#HVAC
https://t.co/wbtcXWXDQJ
Just figuring out how to incentivize duct sealing and insulation could save up to 2,148 million kWh, according to @NREL's ResStock tool. There's lots more savings in attic and wall @insulation
Paying for performance is a fine approach.
#energyefficiency
https://t.co/aWlAzhtlWl
@chrisnelder@energyvoiceau That was the direction I was stumbling in. Homeowners (and other denizens of the grid edge) play crucial roles in creating DERs. Their participation could be facilitated by naming conventions that recognize their participation and investment.
@chrisnelder@energyvoiceau I am thinking of two different ways to interpret your comment, and this doesn't quite address either of them, but to make the options just a bit more awful, there's always Consumer Power Resources
@msirinagonzalez I know so many people in this same general situation. I sometimes think about the 1970s, when I was a kid, and how much more free time there was. Of course, I was a kid, so of course I had time. But it wasn't just me -- my parents had hours to read & garden & spend time with us
#Energyefficiency measures reduce energy consumption -- but often not much as predicted, UCLA study finds. Shocker: engineering models get human behavior wrong.
The take-away: don't abandon efficiency programs, but quantify the savings -- and redesign if the savings aren't there
I respect the Biden admin's commitment to the rules. But the some of rules for this #solar#tariff case were enacted during Prohibition, when the world moved at very different speed
This issue needs to be wrapped up quickly: we need the #cleanenergy and the jobs
#renewables
The Commerce Department’s #solar tariff investigation is already leading to a huge dropoff in solar installations. So why is the White House letting it happen?
Read the latest on the Auxin Solar tariff saga from @JulianSpector: https://t.co/bUgyNBUaqI
We are excited to announce the publication of our Methods, Tools & Resources handbook - companion resource to the NSPM. Check it out here: https://t.co/Zw5N7b5A3M