The Obama Administration is committed to addressing climate change, promoting clean energy, and creating good paying jobs. That is why the Administration is announcing a new initiative to increase access to solar energy for all Americans, in particular low- and moderate- income communities, while expanding opportunities to join the solar workforce.
Last year, the United States brought online as much solar energy every three weeks as it did in all of 2008, and the solar industry added jobs 10 times faster than the rest of the economy. And since the beginning of 2010, the average cost of a solar electric system has dropped by 50 percent. The executive actions and private sector commitments that we are announcing today will help continue to scale up solar for all Americans, including those who are renters, lack the startup capital to invest in solar, or do not have adequate information on how to transition to solar energy. The key components of the initiative that the Administration is announcing today are:
Launching a National Community Solar Partnership to unlock access to solar for the nearly 50 percent of households and business that are renters or do not have adequate roof space to install solar systems, including issuing a guide to Support States In Developing Community Solar Programs;
Setting a goal to install 300 megawatts (MW) of renewable energy in federally subsidized housing and providing technical assistance to make it easier to install solar, including clarifying how to use Federal funding;
Housing authorities, rural electric co-ops, power companies, and organizations in more than 20 states across the country are committing to put in place more than 260 solar energy projects, including projects to help low- and moderate- income communities save on their energy bills and further community solar; and
More than $520 million in independent commitments from philanthropic and impact investors, states, and cities to advance community solar and scale up solar and energy efficiency for low- and moderate- income households.
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