Biden launches plan to bring solar to low-income homes

“The initiative would connect participants in a federal program that subsidizes energy costs for low-income residents with developers of community solar projects, which sell subscriptionsto households for renewable power with the promise of lowering their monthly electricity bills.

The Biden administration has big aspirations for the program, projecting it could spur the development of 134 gigawatts of new solar power capacitynationwide, the agency official said. To put that in perspective, total U.S. solar capacity today sits at 97.2 gigawatts, according to the Energy Department.

And it could lead tosizable savings, too: DOE estimated participants in the five initial pilot project states and the District of Columbia alone would save more than $1 billion on their energy bills annually.”

https://www.politico.com/news/2022/07/27/biden-plan-solar-low-income-residents-00048067

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