Main page News Solar Cost and Financing Governor Hochul announces New York selected to receive nearly $250 million for solar projects benefitting low income residents

Governor Hochul announces New York selected to receive nearly $250 million for solar projects benefitting low income residents

Funding Award Expands New York State’s National Leadership and Commitment to Increase Access to Clean Solar Energy

Governor Kathy Hochul announced that New York State has been awarded nearly $250 million from the EPA’s $7 billion Solar for All grant competition, aimed at expanding solar energy access for low-income residents. This funding supports New York’s Climate Leadership and Community Protection goal to source 70% of its electricity from renewable sources by 2030.

Governor Hochul emphasized, “New York State is leading the way in community solar, ensuring more residents access clean, affordable solar energy. We are grateful to President Biden, Administrator Regan, and the New York Congressional Delegation for their support and proud to partner with the EPA to advance this historic investment.”

The grant, awarded to the New York State Energy Research and Development Authority (NYSERDA) in collaboration with New York State Homes and Community Renewal (HCR), the City of New York, and the NYC Department of Housing Preservation and Development (HPD), will enhance solar programs for disadvantaged communities. NYSERDA will deploy these funds to expand successful solar initiatives, provide technical assistance, and support workforce development through the NY-Sun initiative.

EPA Administrator Michael S. Regan stated, “Today we’re delivering on President Biden’s promise that no community is left behind, investing $7 billion in solar projects for low-income and disadvantaged communities, creating jobs, saving energy costs, and combating climate change.”

NYSERDA President and CEO Doreen M. Harris highlighted the importance of this funding, saying, “With this Solar for All grant, we will provide more low-income families with clean energy and support our efforts to achieve a zero-emissions electric grid.”

New York State Homes and Community Renewal Commissioner RuthAnne Visnauskas added, “This award will help us reduce carbon emissions and energy bills for low-income New Yorkers. We thank the Biden Administration and Governor Hochul for their commitment to clean, affordable solar energy.”

Senate Majority Leader Charles Schumer noted, “The Inflation Reduction Act is powering a $250 million boost in residential solar for New York families. This is a win-win-win: fighting climate change, lowering costs, and creating jobs.”

The Solar for All grant competition, part of President Biden’s Investing in America agenda through the Inflation Reduction Act, aligns with New York’s Climate Act and President Biden’s Justice40 Initiative, ensuring federal investments benefit disadvantaged communities. This funding will build on New York’s success as the nation’s leading community solar market and support the state’s goal of installing 10 gigawatts of distributed solar by 2030.

Source: governor.ny.gov

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