Obama Administration Announces New Actions to Bring Clean Energy Savings to All Americans
Through President Obama’s Clean Energy Savings for All Initiative and beyond, we are making
progress opening up opportunities for all American’s to go solar and retrofit their homes and businesses to be more energy efficient. Since President Obama took office, the amount of electricity we generate from the sun has increased more than 30 fold, we added solar jobs 12 times faster than the rest of the economy, and we’ve cut the price of residential solar energy systems more than 50 percent. In fact, earlier this week the U.S. Department of Energy’s SunShot program announced a new target to cut the cost of solar in half by 2030. At the same time, energy consumption in 2015 was 1.5 percent lower than it was in 2008, while the economy grew by 10 percent over the same period. And we have improved the energy efficiency of more than one million low and moderate income homes.
Today, in coordination with a White House Clean Energy Savings for All Summit in Baltimore, Maryland hosted by Energy Secretary Ernest Moniz and Labor Secretary Tom Perez, the Obama Administration is taking the following new actions:
Launching a Challenge to Bring Solar Energy to Dozens of Low and Moderate Income Communities: The U.S. Department of Energy’s SunShot Initiative is launching a new Solar In Your Community challenge to expand solar access to Americans who have been left out of the growing solar market, including low- and moderate-income (LMI) households, state, local and tribal governments, and non-profit organizations. One hundred teams across the country will compete for cash prizes and technical assistance as they demonstrate innovative business and financial models that expand solar access to underserved groups. The teams with the most scalable, replicable solar business models will be eligible to win $1 million in final prizes, including a $500,000 grand prize. This challenge will reduce market barriers to solar deployment by spurring dozens of projects across the nation, with an emphasis on new and emerging solar markets. The challenge will help to achieve President Obama’s goal to bring 1 gigawatt (GW) of solar to low and moderate income families by 2020, test new business models that expand solar access, build local capacity to support community-scale solar projects, and establish resources that will aid in expanding solar access to underserved communities.
Read More in the Obama White House Archives
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