I recently received a flyer in the mail from our State Representative Tom Houghton. One specific article stood out to me regarding possible legislation that would "remove obstacles for homeowners seeking alternative energy options". It is understood by all during these challenging economic times that costs are rising across the board. Many Pennsylvania residents have been faced with a layoff situation and experienced decreased income as a result.
Speaking from personal experience, I know first-hand the challenges that families face in these circumstances. It's all about the budget - the newly modified, trimmed budget. Fuel costs are an increasing concern for homeowners. As the expiration of electric generation rate caps looms and our nation's dependence on foreign oil add to these concerns, GREEN options are being seriously considered.
We're seeing this "trend" become an increasing reality, even in Chester County. For example, Pennsylvania Sunshine emerges, a provision added to Governor Rendell's Alternative Energy Investment Act, allowing $100M in grants for qualifying commercial and residential solar projects. In February of 2010, "One Block Off The Grid" proposes a "group purchasing campaign".
Representative Houghton recognizes the obvious need for options, thus the birth of House Bill 2234. This legislation would provide PA residents with the ability to choose the method in which they power their home while maintaining respect to their respective homeowners associations. There are legitimate reasons for these associations and they demand attention, so as to avoid liabilities, unsafe conditions, etc.
It will be a delicate balancing act - respecting the HOA's yet not allowing "blanket denials" of solar energy projects. I know that this concept has quite a bit of legwork to do before successful implementation, but I am encouraged at this step in an empowering direction.
As a Chester County Real Estate Brokerage, we make it a priority to be conversant with current issues and legislation that will affect our clientele, such as Alternate Energy Options. We consider it part of our obligation to our client to keep them informed, so that they can make wise decisions regarding their own properties as well as their property investments.
Yeah for Chester County. Ahead of the curve!!