Obama administration aims to boost affordability of solar power

The initiative emphasizes groups of households to pool resources to build and maintain a shared solar power system in their neighborhood.

By Peter Fabris, Contributor | July 30, 2015

Access to solar power is largely skewed toward affluent households. Of the roughly 645,000 homes and business with rooftop solar panels in the U.S., less than 5% are households earning less than $40,000, according to a report from the George Washington University Solar Institute.

The Obama Administration recently announced more than $520 million in commitments from private companies, investors, NGOs, and state and local governments to pay for energy efficiency and solar projects for low-income households. The initiative emphasizes so-called “community solar,” in which groups of households pool resources to build and maintain a shared solar power system in their neighborhood.

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