Category: Environment Hits: 6
About the Author:Caroline McGregor is the acting Soft Costs Program Manager at the U.S. Department of Energy’s SunShot Initiative.
One million solar energy systems across the country are powering homes, businesses and communities with renewable, affordable and clean energy. And yet, nearly 50 percent of homes lack the appropriate roof structure to go solar. Beyond that, many homeowners simply can’t afford the upfront cost to install their own system and have difficulty accessing affordable financing options. These limitations are especially burdensome for many low income families who could benefit from lower energy costs, but don’t have the extra money to invest in home renovations.
To spur solar adoption by these communities, the Department of Energy’s SunShot Initiative launched the $5 million Solar in Your Community Challenge, which expands solar access to Americans who have been left out of the growing solar market.
In order to make solar energy more accessible for every American, the Solar in Your Community Challenge encourages the development of innovative financial and business models that serve low and moderate-income communities. Offering $5 million in cash prizes and technical assistance over 18 months, the challenge supports teams across the country to develop projects or programs that reach underserved customers in their communities, while proving that these business models can be widely replicated and scaled up.
To ensure that communities with environmental justice concerns benefit from this challenge, we have designed the challenge rules with these communities in mind. Teams that successfully demonstrate new ways of opening up solar for low- and moderate-income communities will be eligible to compete for the grand prize of $500,000.
Do you want your community to participate in this challenge?
We are hosting an informational webinar to provide further instructions on how to participate! Make sure you reserve your spot by registering today.
Date/Time: Thursday, December 1, 2016; 2 to 3 p.m. ET
The early application deadline to participate in the challenge is January 6, 2017, and the regular deadline is March 17, 2017. Visit the Solar in Your Community Challenge website to learn more about the challenge and to apply today!
Given the current growth of the energy market, solar installations will continue to grow at an unprecedented rate. And we want you to be part of that bright future!
We look forward to speaking with all of you during the upcoming and we are excited to review your applications.