Tag: LMI
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Solar and tariffs for all: Recapping the Biden administration’s busy Earth Month
Earth Month has been full of solarized news from the White House. First and foremost, President Joe Biden announced $7 billion in federal grants for the Solar For All program. In addition, the Biden administration announced a host of clean energy manufacturing investments, while Reuters has reported that the White House is expected to reverse……
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How Minneapolis nonprofit taps wealthy individuals to fund LMI solar installs
By Frank Jossi, via Energy News Network One installation at a time, a solar nonprofit that matches socially conscious investors’ cash with lower-income homeowners is spreading the benefits of solar in North Minneapolis. Solstar was formed three years ago by solar entrepreneur Ralph Jacobson following his retirement from IPS Solar, the pioneering Twin Cities’ solar……
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Reactivate launches community solar portfolio in LMI areas with Walmart, U.S. Bank
A new portfolio of seven community solar projects in Illinois and New York will benefit low- to moderate-income (LMI) households. The projects will help approximately 5,000 households, along with area non-profits, businesses and a public school district, save as much as 20% on their monthly electricity costs. Reactivate (an Invenergy company) has collaborated with Walmart and U.S. Bancorp Impact Finance (a U.S. Bank subsidiary) to close on a……
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IRA offers lucrative incentives for low-income community solar, but also creates new challenges
Community solar is inherently a way to expand equity in solar access, as advocates describe it, since it makes clean energy and savings accessible to people who lack the capital or the space to install their own arrays. The Inflation Reduction Act has the potential to drive a boom in community solar development, with bonus……