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US HR2447

Low-Income Solar Act


summary

Introduced
05/16/2017
In Committee
05/19/2017
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

115th Congress

Bill Summary

Low-Income Solar Act This bill requires the Department of Energy to establish a loan and grant program for photovoltaic solar (a method of converting energy from the sun into electricity) installations in low-income and underserved areas for FY2018-FY2032. Loans must be provided for: (1) community solar facilities that provide solar energy to low-income households, or (2) solar installations at federally subsidized affordable housing at multi-family complexes. The community solar facilities must: (1) be owned by an organization of electricity consumers that own a share of the facility's solar electricity generation, (2) have a certain a nameplate rating (or power generation capacity), (3) be located in or near a community that uses the electricity generated by the facility, and (4) reserve at least 25% of the electricity generated for low-income households. Grants must be given for: (1) solar electricity generating facilities installed on properties of eligible, low-income home owners; or (2) new solar projects for low-income households and individuals, including the costs of equipment and job training associated with solar projects.

AI Summary

This bill requires the Department of Energy to establish a loan and grant program for photovoltaic solar installations in low-income and underserved areas from fiscal year 2018 to 2032. Loans can be used for community solar facilities that provide solar energy to low-income households or solar installations at federally subsidized affordable housing. Grants can be used for solar electricity generating facilities installed on properties of eligible low-income homeowners or new solar projects for low-income households and individuals, including the costs of equipment and job training. The bill sets goals for the program, such as encouraging innovative solar installation and financing models that provide savings to low-income households while providing job training or community engagement opportunities.

Committee Categories

Agriculture and Natural Resources, Business and Industry

Sponsors (4)

Last Action

Referred to the Subcommittee on Energy. (on 05/19/2017)

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