To mark Earth Day, President Biden announced $7 billion in grants to help over 900,000 low-income households install residential solar power. The funding comes from the Environmental Protection Agency’s Solar for All grant competition, part of the Inflation Reduction Act’s Greenhouse Gas Reduction Fund. The program aims to save households over $350 million in electricity costs annually and reduce carbon pollution by 30 million metric tons over 25 years.
President Joe Biden announced $7 billion in federal grants for residential solar projects serving low- and middle-income communities. The grants are expected to reduce emissions by the equivalent of 30 million metric tons of carbon dioxide and save households $350 million annually. Additionally, Biden expanded the American Climate Corps green jobs training program, offering nearly 2,000 positions in 36 states.
President Biden has announced $7 billion in federal grants for residential solar projects aimed at serving 900,000 low- and middle-income households. The grants are expected to reduce emissions by 30 million metric tons of carbon dioxide and save households $350 million annually. The announcement comes as Biden looks to energize young voters for his reelection campaign. Solar energy is gaining traction as a key renewable energy source, and the grants could make it more accessible for many Americans.
