10-Million homes targeted in US – potential revenue projections
- We have targeted over 10-million homes in the US during the next 5-years as SMART LOAD CENTER users. According to the Solar Energy Industries Association:
- 5-million new homes are projected to be built during the next 5-years. Each of them is planned to include some form of installed energy management system.
- 5-million existing homes are projected to convert to solar energy during the next 5-years. Each of them is projected to include some form of installed energy management system.
- Based on projected 5-year financials, those 10-million homes represent $10 billion in potential revenue for Koolbridge Solar.
State of California first to mandate solar in new homes starting in 2020
California has become the first state to mandate that all new homes have sufficient solar panels to power them with solar energy. The solar mandate also addresses insulation and appliance efficiency and includes efforts to increase battery storage and the use of solar electricity over natural gas.
