H.R.2447 - Low-Income Solar Act115th Congress (2017-2018)
|Sponsor:||Rep. Cardenas, Tony [D-CA-29] (Introduced 05/16/2017)|
|Committees:||House - Energy and Commerce|
|Latest Action:||House - 05/19/2017 Referred to the Subcommittee on Energy. (All Actions)|
This bill has the status Introduced
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Summary: H.R.2447 — 115th Congress (2017-2018)All Information (Except Text)
Introduced in House (05/16/2017)
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.