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Elliott Homes Reports Sales Success In Down Market

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by Staff Writers
Roseville CA (SPX) Feb 15, 2008
In a real estate market that has been filled with bad news, Elliott Homes is proud to report an incredible homebuyer response at their first all-solar community in Roseville-which includes solar as a standard feature. The builder's brand-new neighborhood, Terra Vista at Stone Ridge, opened just two months ago and has already sold out its first phase of homes.

"We've always taken a progressive approach at Elliott and have stayed competitive in this market by closely monitoring consumer preferences- and it's working," said President of Elliott Homes, Harry C. Elliott, III. "Terra Vista has what homebuyers want: a highly-desirable East Roseville location, large home sites and a long list of energy-efficient features including BP Solar EnergyTile roof-integrated solar panels provided by OCR Solar and Roofing."

OCR Solar and Roofing, BP Solar's exclusive new home partner for its tile roof-integrated solar modules in Northern California, will install 2.5 kilowatts (kW) of BP Solar EnergyTile solar electric systems on all new home residences within the eco-conscious community.

Terra Vista's energy-saving features make them eligible to participate in Roseville Electric's BEST (Blueprint for Efficiency and Solar Technology) Homes program. Features include high-efficiency central air conditioners, improved insulation, environmentally-friendly lighting, dual glazed windows, tight duct systems and radiant roof barriers.

Home shoppers interested in purchasing within Terra Vista at StoneRidge can choose from four floor plans ranging in size from 1,777 to 2,900 square feet with three to five bedrooms, priced in the low $500,000s. Popular amenities include: upgraded ceramic tile entries, granite slab countertops with full backsplash, custom cabinetry throughout and Whirlpool appliances. The Elliott Homes community also boasts hillside views, access to hiking and biking trails and expansive nature preserves.

"One of our recent buyers shopped at several communities in the Roseville area before choosing Terra Vista. He decided to purchase an Elliott home because of the community's many perks, including solar," said Elliott. "People are beginning to recognize that solar features not only save them money on energy bills now, but will result in strong resale value in the future."

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Bonus Depreciation For Renewable Energy Projects Completed In 2008
Portland OR (SPX) Feb 15, 2008
Late last week Congress passed the Economic Stimulus Package of 2008 (the Act), which President Bush is expected to sign into law this week. Although the proposed extensions of the production tax credit (PTC) and investment-based energy credit were removed from the bill before it was passed, the final version of the Act does contain a bonus depreciation provision that could provide significant economic benefit for certain renewable energy projects that are acquired and placed in service in 2008.







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