“Clean Energy Savings For All” Initiative Benefits Americans From Coast to Coast
New Program Aims to Bring One Gigawatt of Solar to Low and Moderate Income Communities
Tuesday, Jul 19 2016
WASHINGTON, D.C. - Following is a statement from Tom Kimbis, interim president of the Solar Energy Industries Association (SEIA), on the Obama administration’s creation of the Clean Energy Savings For All initiative:
“We applaud the administration for its continued commitment to expanding access to clean, affordable, reliable electricity. For Americans looking to reduce their monthly utility bills and gain more independence in their energy generation, today’s announcement is truly empowering. The industry also recognizes the efforts to cut red tape, as one of SEIA’s top goals is breaking down market barriers to solar market penetration.
“A critical component of the initiative is the issuance of clearer guidance on the use of property assessed clean energy (“PACE”) financing. This guidance makes it easier for homeowners who go solar using PACE financing to use Federal Housing Authority (FHA) mortgage insurance and Veterans Affairs (VA)-insured mortgages. Strong public policy allowing more veterans and low and moderate income American households to go solar mirrors the commitment of the solar industry to these same communities.
“From rural America to our nation’s inner cities, everyone deserves the chance to participate in the solar revolution. The solar industry is ready to help America achieve – and surpass – the administration’s new goal of bringing one gigawatt of solar to low and moderate income families by 2020.”
Celebrating its 42nd anniversary in 2016, the Solar Energy Industries Association® is the national trade association of the U.S. solar energy industry. Through advocacy and education, SEIA® is building a strong solar industry to power America. As the voice of the industry, SEIA works with its 1,000 member companies to champion the use of clean, affordable solar in America by expanding markets, removing market barriers, strengthening the industry and educating the public on the benefits of solar energy. Visit SEIA online at www.seia.org.
Alex Hobson, SEIA Senior Communications Manager, [email protected] (202) 556-2886