President Barack Obama wants everyone in America to have the option to go solar, and now we know how he plans to make that happen.
This week, President Obama announced plans to make solar energy available to more low-income families across the country. The president’s new Clean Energy Savings for All Initiative calls for a 10-fold increase in the amount of solar energy available to low-income households.
According to the Obama administration, the U.S. generates 30 times more solar power now than it did when he took office. The president believes that “solar panels are no longer for wealthy folks who live where the sun shines every day,” and he set a goal for the country to bring 1 gigawatt (GW) of solar to low-income and moderate-income families by 2020.
The Clean Energy Savings for All Initiative comes with economic help for people who might not otherwise be able to afford installing a solar system in their home. Homeowners will be able to finance these kind of energy-efficient upgrades through lower property tax bills.
Obama’s new policy is also good news in terms of employment, creating even more opportunities for jobs in the solar industry. The president points out that solar jobs are being added in America 12 times faster than the rest of the economy, and these are the kind of on-site positions that cannot be outsourced. Earlier this year, the 1-millionth solar system was installed in the U.S. This is a pretty big milestone, and some predictions have that number doubling in just two years. The president’s new initiative should be a big boost to making that happen.