>” […] The falling price of technology may still help us out of the quandary. The CHBA is currently developing a net zero and net zero-ready labelling program for home builders and renovators. A net zero home typically uses photovoltaic panels to produce as much energy as it consumes, generally selling excess electricity to the grid. A net zero-ready home is set up for, but does not include, the photovoltaic system.
The CHBA’s Foster says that a net zero home including photovoltaic panels now costs $50,000 to $70,000 more than a conventional home. That’s 50 per cent of the cost of just five years ago, and the price of PV panels continues to drop.
With rising energy prices, the CHBA says the extra monthly mortgage costs associated with a net zero home are now comparable to the savings in energy costs, making it net zero in more ways than one. […]”<