A family proudly stands in front of their solar panels as part of their net-zero energy home plan. Photo by Kenneth Kelly.

The households most burdened by rising power bills tend to be the least able to afford installing solar panels on their own. Today, the Environmental Protection Agency (EPA) announced $7 billion to support solar investments for low- to moderate-income households through the Solar For All grant program.

Virginia will receive $156,120,000 through Solar For All. One hundred percent of the funding awarded today is dedicated toward distributed solar investments to benefit low-income and disadvantaged communities. The funds will be used for residential rooftop solar, residential-serving community solar, solar storage infrastructure, and energy and building upgrades necessary to support these projects.

According to an analysis by Clean Energy States Alliance, more than 700,000 low-income households or residents of disadvantaged communities stand to see nearly $10 billion in electricity bill savings over the roughly 25-year life of the solar installations funded by the Solar for All program. Zooming in, each household benefiting from the program is guaranteed a minimum of 20% total electricity bill savings.

The Greenhouse Gas Reduction Fund was established as a part of the historic climate and clean energy investments made by the Inflation Reduction Act (IRA). The Fund invests in greenhouse gas- and air pollution-reducing projects in communities across the country. 

Today’s Solar For All announcement was the last program announcement as part of the Greenhouse Gas Reduction Fund. This $20 billion invested:

• $14B for the National Clean Investment Fund
• $6B for the Clean Communities Investment Accelerator
• $7B for Solar For All

These investments will reduce pollution, lower energy costs for families across the United States, and create good-quality jobs – all while catalyzing an unprecedented wave of private sector investment.