Although solar energy is economically friendly, Americans with lower incomes have difficulty in obtaining financial needs to accommodate their homes with solar installations. To help with this growing problem, President Obama issued a new initiative called the “community solar” projects. These projects will focus on providing cost effective energy to those living in apartments and government subsidized buildings. For example, one solar installation will be able to power various homes of low- and middle- income families. The project also provides an installation of 300 megawatts, where one megawatt powers 164 homes. A great benefit from this project is lower electricity bills, giving low-income Americans a change for the better.
President Obama’s new initiative will attract new investors and power companies to assist low- income communities. As of last week, SolarCity has announced its greatest community solar project for the Minneapolis-St. Paul district to provide 100 “solar gardens” that would generate energy for low-income families. Through this initiative, the solar energy workforce will increase and therefore open up new job opportunities for the unemployed. During his last term in office, President Obama wishes to advocate more initiatives that will continue to fight climate change.
Read more about this initiative here.