The never-ending increase on energy or electricity bill is a big burden that most people or families are facing. People are now looking for means and ways on how to reduce their electricity cost.
This is the primary reason why there are families who try their best to go off-grid. Going off-grid is indeed a great solution, in fact, one of the most famous ways to reduce electricity cost is using solar panels. The big question though is, how much does it cost to use solar energy?
This pressing matter prompted the creation of a Law to help low-income workers transition from commercial to solar power.
Renters in affordable housing rarely get to reap the energy- and cost-saving benefits of solar panels. If landlords do install solar, they often use the energy for areas like lobbies and parking lots, and the savings are not passed along to tenants. But new legislation in California aims to change that.
Scott Sarem is CEO of solar provider “Everyday Energy”. He helped design the Multifamily Affordable Housing Solar Roofs Program. The legislation took effect last year.
Sarem: “The purpose of it is to provide affordable housing owners with a rebate that will encourage them to place tenant-benefitting solar on their property so that low-income tenants can participate in the green economy and get a lower electric bill.”
Revenue from California’s greenhouse gas cap-and-trade program will fund the initiative. To provide solar subsidies for affordable housing complexes, the state has committed up to one hundred million dollars a year for the next four to ten years.
Sarem: “I think it’s extremely important to come up with policies that provide enough of an incentive for an owner to act so that the tenants can benefit.”
Those benefits will likely reach low-income renters in over 200,000 units.