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Whitelaw and Sons Real Estate Morgan Hill
Whitelaw and Sons Real Estate Morgan Hill

California is coming for your natural gas

by Feb 10, 2020Real Estate Realities Podcast/Vidcast0 comments

california natural gas ban

Written by Robert Whitelaw, Realtor®/Broker/Owner

Born and raised in Silicon Valley, Robert has helped clients successfully buy, sell and invest in real estate from Palo Alto to Gilroy and Los Gatos - and beyond! Robert rates his success on providing the highest level of value to his clients.

February 10, 2020

Is legislating no more natural gas a good thing or a bad thing for Californians?

californiacities banning natural gasThe trend is becoming impossible to ignore. More and more communities are making it illegal to build new homes with natural gas. In fact, it sounds like the ultimate goal is to eliminate natural gas all together and ultimately require home owners to replace gas appliances with electric options. This seems like an odd move when California has still not solved its electric grid issues. In fact, in the ultimate irony, California is moving power plants over to natural gas . So while you won’t be able to have it in your home, the state is using it to generate your power. Whats more, California has no hope of meeting the demand for electricity until at least 2023. Do we think that forcing more Californians to use electricity will make this better?

So today we will chat about this and consider it from a owner and investor standpoint.

Links:

  • https://realtybiznews.com/californian-cities-are-banning-natural-gas-in-new-homes/98757516/
  • https://pv-magazine-usa.com/2019/10/25/california-needs-a-fast-and-furious-build-out-of-4-gw-of-new-clean-energy-capacity/
  • https://laist.com/2019/07/24/glendale_just_approved_what_may_be_californias_last_natural_gas-lit_power_plant.php
  • https://calchamberalert.com/2019/03/29/california-electricity-prices-no-7-in-u-s/
  • https://www.reuters.com/article/us-usa-naturalgas-sanjose/san-jose-moves-to-ban-natural-gas-in-new-residential-buildings-idUSKBN1W302J

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#realestate,#investing,#realestateinvesting,#entrepreneur,#recovery, #Realty,#Realtor,#Realestateagent,#Homeforsale,#singlefamilyresidential,#naturalgas,#california,#regulations

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