U.S. Launches $7 Billion Solar for All Grant Competition to Fund Residential Solar Programs
London, 29 June, 2023, (Oilandgaspress) U.S. Environmental Protection Agency (EPA) launched a $7 billion grant competition through President Biden’s Investing in America agenda to increase access to affordable, resilient, and clean solar energy for millions of low-income households. Residential distributed solar energy will lower energy costs for families, create good-quality jobs in communities that have been left behind, advance environmental justice, and tackle the climate crisis. The Solar for All competition, which was created by the Inflation Reduction Act’s Greenhouse Gas Reduction Fund (GGRF), will expand the number of low-income and disadvantaged communities primed for residential solar investment by awarding up to 60 grants to states, territories, Tribal governments, municipalities, and eligible nonprofits to create and expand low-income solar programs that provide financing and technical assistance, such as workforce development, to enable low-income and disadvantaged communities to deploy and benefit from residential solar. EPA Administrator Michael S. Regan announced the grant competition for communities with U.S. Senator Bernie Sanders (VT), who championed the program, in Waterbury, Vermont while touring a residential solar project.
The new grant competition will provide funds to expand existing low-income solar programs as well as develop and implement new Solar for All programs nationwide. Solar for All programs ensure low-income households have equitable access to residential rooftop and residential community solar power, often by providing financial support and incentives to communities that were previously locked out of investments. In addition, these programs guarantee low-income households receive the benefits of distributed solar including household savings, community ownership, energy resiliency, and other benefits.
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