The U.S. Environmental Protection Agency (EPA) has selected 60 recipients to receive $7 billion in awards through the Solar for All grant competition aimed at delivering residential solar projects to 900,000 households across the country.
Funded by the Inflation Reduction Act, which created EPA’s $27 billion Greenhouse Gas Reduction Fund, the program hopes to develop solar programs enabling low-income and disadvantaged communities to deploy and benefit from distributed residential solar. The program will also provide services to communities to overcome barriers such as siting, permitting and interconnection.
“Today we’re delivering on President Biden’s promise that no community is left behind by investing $7 billion in solar energy projects for over 900,000 households in low-income and disadvantaged communities,” says Michael S. Regan, EPA administrator. “The selectees will advance solar energy initiatives across the country, creating hundreds of thousands of good-paying jobs, saving $8 billion in energy costs for families, delivering cleaner air and combating climate change.”
The agency selected 49 state-level awards totaling approximately $5.5 billion, six awards to serve Tribes totaling over $500 million and five multistate awards totaling approximately $1 billion.
EPA anticipates that the awards will be finalized in the summer. Selections are contingent on the resolution of all administrative disputes related to the competitions.
The post EPA Earmarks $7B Billion Towards Solar for All Grants appeared first on Solar Industry.
I’m not a financial pro, but here’s some advice:
Don’t live on a budget. Make a lot of money and live far beneath your means. What value does luxury actually bring to your life, especially if it makes you nervous about running out of cash?
As I told my kids when they were growing up, “Unless you’re completely shallow, showing off your money is an idiotic thing to do. You make false friends and have people glomming onto you to sell you stuff you really don’t need.”
Warren Buffett still lives in a modest house in Nebraska, a state in which he could buy an entire country. Maybe there is something about him and his values that could benefit you.
I see.
There’s not enough land in Spain to support rooftop and ground-mounted solar at a fraction of the cost.
LOL.
It’s possible that right now, there are other civilizations observing the human race, studying us from afar, and noticing our decline into savagery and eventual extinction by turning billionaires into trillionaires.
People say that the principal weakness of human beings is that we can’t plan for the future as a species. Dogs are arguably even worse, though they aren’t consumed with greed. They don’t plot the starvation of millions of other dogs so they themselves can have enough food to last a billion years.
As an elderly man, I’ll be leaving this planet soon, but I won’t cease pondering this until my heart stops beating.
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