NewEnergyNews: President Obama Ups Spending On Solar-For-All

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  • MONDAY’S STUDY AT NewEnergyNews, April 12:
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    Thursday, July 28, 2016

    President Obama Ups Spending On Solar-For-All

    Obama announces plans to increase solar energy to low-income households

    Allen Cone, July 20, 2016 (UPI)

    “President Barack Obama announced plans to bring more solar energy to American homes, with a focus on a 10-times increase on the alternative energy for low- and moderate-income households…The Clean Energy Savings For All initiative will expand the use of solar power with new programs to help reduce solar energy costs for consumers…Obama noted that solar usage has increased 30 fold since he took office and the number of jobs in the solar industry is increasing 12 times faster than in the rest of the economy…[Adding the remaining 75% of the President’s 1-gigawatt by 2020 goal for low-income homes] would amount to a 10-fold increase…Housing authorities in 36 states have agreed to invest $287 million to help finance 280 megawatts of solar energy projects in low and moderate-income communities…[making for a] total investment of $800 million…” click here for more

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