Last April, the Environmental Protection Agency (EPA) made a historic set of bulletins that can dramatically shift US local weather finance within the coming years. Specifically, EPA introduced $27 billion in aggressive grants to 68 awardees underneath the Greenhouse Gas Reduction Fund (GGRF). These aggressive awards cowl all three applications underneath the GGRF, and mixed are estimated to supply 310 million metric tons carbon discount, deploy above $150 billion {dollars} in personal and public capital, and making lots of of 1000’s of jobs in the course of the first seven years of those applications.
GGRF Solar for All Programs
One of the three GGRF applications is $7 billion Solar for All (SFA) program, which is able to present grants to 60 awardees to create new or develop present low-income photo voltaic applications throughout the nation. These awardees are anticipated to carry the advantages of distributed photo voltaic to 900,000 low-income households in all 50 states, the District of Columbia, territories, and Tribal lands—saving customers greater than $350 million on utility payments within the first 5 years of operation. SFA applications will present 5 “vital advantages”: (1) family power financial savings of 20% or increased; (2) equitable entry to photo voltaic; (3) resilience throughout energy outages; (4) group possession; (5) workforce improvement and entrepreneurship. For a extra detailed overview of the SFA program, see HERE.
While EPA is presently negotiating agreements with SFA awardees, with the aim of starting to deploy SFA {dollars} later within the fall/winter, there are nonetheless actions that advocates, organizations that may take community-based and undertaking builders, native and state governments, and philanthropists. now on maximize the influence of GGRF in your group. See under for a collection of tangible actions stakeholders can take.
