Funding is focused principally to low-income residents or folks residing in underserved communities.
RICHMOND, Va. — The Virginia Department of Energy has been awarded greater than $156 million for the Solar for All Program.
About 50% of Virginia households are eligible for this system. Funding is focused principally to low-income residents or folks residing in underserved communities. Projects have to be designed to end in a minimal of 20% financial savings on their power payments.
“This funding is predicted to convey a lifetime of financial impression to the Virginia communities that want it most,” mentioned Virginia Energy State Energy Office Director Vince Maiden. “Our photo voltaic trade will see development and create over 1,000 jobs because of Solar for All.”
Residential rooftop photo voltaic and shared photo voltaic developments qualify for grant {dollars}. Developers can even qualify for photo voltaic for neighborhood housing.
“Adding extra residential photo voltaic is essential to our all-in-one method for clear and inexpensive power in Virginia,” mentioned Virginia Energy Director Glenn Davis. “Virginia additionally acknowledges the numerous financial growth and job development alternatives all through the Commonwealth that may accompany this residential photo voltaic growth and welcomes new funding within the photo voltaic trade.”
Funding can be obtainable in 2025 for these serious about residential rooftop or shared photo voltaic packages.
For extra info and particulars go to the Virginia Energy web site.