White House Program Aims to Expand Rooftop Solar
Rooftop solar is great investment. Thus far, however, solar panels are typically purchased by middle to upper-class homeowners in major cities, leaving Americans in remote regions and poorer communities out. Alternative methods for expanding solar energy, such as community solar programs, have yet to fully take off. Now, a new program from the White House aims to change that.
President Obama’s Clean Energy Savings for All initiative is actually a rebirth of a program initially launched in 2007 but was shelved due to the 2008 financial crisis. Essentially, it allows homeowners of any size to gain access to Government-backed mortgage to buy homes with solar panels already in place. It is aimed specifically at the low and moderate-income Americans that have limited access to solar energy.
If successful, the program would help expand rooftop solar into neighborhoods where it has not yet penetrated. The more rooftop solar we employ as a nation, the better, as it will reduce renewable energy costs and facilitate the transition to a clean energy economy.