"Biden Administration Announces $7 Billion Residential Solar Grant Program"

"The Biden administration on Wednesday announced a $7 billion grant competition to expand access to residential solar energy in low-income communities.

The funding, paid for by the Inflation Reduction Act’s (IRA) $27 billion Greenhouse Gas Reduction Fund, will cover up to 60 grants, according to an Environmental Protection Agency (EPA) press call Wednesday. Activities covered by the grants will include development of technical and financial assistance to install residential solar in communities receiving the awards.

The EPA said the grants will guarantee savings of at least 20 percent on electric bills for households that benefit. Applications will be open to states, municipalities, territories and tribal governments through Sep. 26."

Zack Budryk reports for The Hill June 28, 2023.

Source: The Hill, 06/30/2023