FACT SHEET: Obama Administration Announces Clean Energy Savings for All Americans Initiative
President Obama is committed to ensuring that every American family can choose to go solar and to cut their energy bills – and that every American community has the tools they need to tackle local air pollution and global climate change.
Since President Obama took office, solar electricity generation has increased 30 fold and solar jobs are growing 12 times faster than the rest of the economy. Last year, we announced a set of actions to increase access to solar and create a more inclusive workforce, but there is still more work to do…
Through the Clean Energy Savings for All Initiative, the Administration will work to ensure that every household has options to choose to go solar and put in place additional measures to promote energy efficiency. To continue along this track, the Administration, in collaboration with state agencies, is announcing a new catalytic goal to bring 1 gigawatt (GW) of solar to low- and moderate- income families by 2020. This goal is a 10 fold increase and an expansion of the initial target President Obama set in his Climate Action Plan to install 100 MW of renewable energy on federally-assisted affordable housing by 2020. The Clean Energy Savings for All Initiative will help achieve the goal by promoting innovative financing mechanisms, bolstering technical assistance for states and communities, driving innovation, scaling up workforce training to make sure low- and moderate-income Americans can take advantage of the jobs that come with a transition to clean energy, convening stakeholders, and working with the private and philanthropic sectors.
STATE AND PRIVATE SECTOR COMMITMENTS TO INCREASE SOLAR ENERGY AND CUT ENERGY BILLS IN COMMUNITIES ACROSS AMERICA
To help us achieve our new goal to bring 1 GW of solar energy to low- and moderate- income families by 2020, today, the Administration is announcing more than 120 new commitments from the private, state, local, and philanthropic sectors in 36 states to support the deployment of solar energy in low-and moderate income communities and promote community solar and energy efficiency. Today’s new commitments represent $287 million in investment, and nearly 280 MW of community solar and low-and moderate income solar deployment. They bring the total amount of commitments secured to more than $800 million in investment and more than 491 MW of solar power.
25 Members of the Administration’s National Community Solar Partnership are announcing new commitments to deploy nearly 145 MW of community solar, including projects to scale up solar for low- and moderate- income households. These commitments represent over $187 million in investment.
Nexamp announces 17 new community solar projects, to be completed by the end of 2016. Combined, these 35 megawatts of projects will serve nearly 2,000 Massachusetts households and non-profits, and represent an investment of $87 million in private capital. Nexamp also commits to an additional 15 megawatts of community solar projects for 2017.
Read the full press release at the White House website.