The 60 recipients will use the funding to help low- and moderate-income families overcome barriers to rooftop solar, expanding access to some 900,000 people.
The Biden administration chose Earth Day to announce the recipients of $7 billion in funding for a program called Solar for All that aims to expand rooftop and community solar power to an estimated 900,000 households in low- and moderate-income communities.
«The Solar for All program is really emblematic of the swing-for-the-fences, big bold climate action the president has championed from day one,» White House Climate Advisor Ali Zaidi said in a press briefing.
Zaidi said the 60 winning applicants will serve all 50 states, Puerto Rico and other territories and increase solar access for tribal governments. The program uses a mix of grants and low-cost financing to overcome financial barriers to solar and provides assistance on siting and permitting solar arrays.
The Capital Good Fund will use the $156 million award from Solar for All for its Georgia BRIGHT solar leasing program, which the group estimated will serve about 21,000 low-income households over five years.
«That is an absolute game-changer for the state of Georgia,» Capital Good founder and CEO Andy Posner told Newsweek. «It would be unfathomable to have this kind of scale for solar.»
Posner said that prior to the 2022 passage of the Inflation Reduction Act, the Biden administration’s signature climate action, nonprofits and many low-income families were not able to use the federal tax credits meant to encourage solar installations.
