Written by Maria Stamas, Project Attorney for Energy & Climate Programs at the Natural Resources Defense Council
464-kilowatt solar installation on “Park Villas” Multifamily Affordable housing with 268 tenants.
When operational in 2017, the Multifamily Affordable Solar Roofs program (AB 693) would provide up to $1 billion in solar funding over 10 years and will be the first in the country specifically designed to provide low-income renters with (1) increased access to onsite solar-generated electricity and (2) direct economic benefits via solar electricity credits. The law targets installation of 300 megawatts (MW) of solar energy, which, if accomplished, would fully power the equivalent of 75,000 California homes . . . Funded from revenues from California’s cap-and-trade auctions under the state’s pioneering Global Warming Solutions Act, the Affordable Solar Roofs Program (AB 693) will bring the benefits of California’s clean energy policies to communities suffering disproportionately from pollution and provide an economic stimulus in low-income neighborhoods. Read more here.