Clean Energy Savings for All Initiative Aims To Scale Up Solar
The video above features President Obama and his new plan to help more families go solar and save energy costs. The Obama Administration announced this week the Clean Energy Savings for All American Initiative, which is proposed as a way for every American family and community have the tools needed to tackle air pollution and global climate change by adopting solar energy. This new initiative is a cross government partnership between the Departments of Energy (DOE), Housing and Urban Development (HUD), Agriculture (USDA), Health and Human Services (HHS), Veteran’s Affairs (VA), and the Environmental Protection Agency (EPA) to increase access to solar energy and promote energy efficiency across the United States and, in particular in low- and moderate- income communities, according to a press release.
The main goal is to bring 1 gigawatt (GW) of solar to low- and moderate- income families by 2020, which is a 10-fold increase of the initial target the President set. They plan to achieve this goal by: “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.” The can reach the entire list of specific initiatives here.
“Today we’re offering even more families and communities the chance to choose cleaner sources of energy that save you money and protect the planet for all of us,” Obama explained in a video about the new opportunities. “We’re making it easier for American homeowners to take advantage of a new program called PACE.”
PACE refers to property assessed clean energy financing through which solar or energy efficiency enhancements are initially financed through an assessment on a homeowner’s property tax. It’s then repaid as part of the initial agreement over time and when paid off the assessment on the property is lifted.
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