Subscribe NowGet the latest solar news while it's hot!

New Plan Helps Everyone Afford Solar

The revitalized project targets veterans and those with low incomes as well as communities looking to go solar.

As reported by Madeleine Thomas of the Pacific Standard:

Source: Elliott Brown, Flickr Commons.
Source: Elliott Brown, Flickr Commons.

The number of low-income homes powered by solar power nationwide is expected to increase tenfold in less than five years, President Barack Obama announced Tuesday, cutting energy bills for marginalized citizens in cities like Baltimore, Los Angeles, and New York City.

The new Clean Energy Savings for All Initiative could put the American energy sector on track to increase solar power installations across less affluent households to one gigawatt nationally by 2020. As Pacific Standard has reported before, solar power is inching ever closer to becoming as cheap as regular electricity; photovoltaic systems have dropped more than 70 percent in price in recent years. Still, solar remains a luxury for impoverished neighborhoods. Just last year, less than 5 percent of the 645,000 households and businesses equipped with rooftop panels belonged to families earning less than $40,000 a year, a George Washington University Solar Institute report found.

Read the full article in the Pacific Standard.

One Comment

Add a Comment

Your email address will not be published. Required fields are marked *