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Biden Unlocks $7 Billion Solar Investment On Earth Day

April 23, 2024


On Earth Day 2024, today, President Joe Biden announced $7 billion in grants through the Environmental Protection Agency’s Solar for All grant competition, a key component of the Inflation Reduction Act’s $27 billion Greenhouse Gas Reduction Fund. Selectees under the Solar for All program will serve every state and territory in the nation and deliver residential solar power to over 900,000 households in low income and disadvantaged communities, saving overburdened households more than $350 million in electricity costs annually — approximately $400 per household — and avoiding more than 30 million metric tons of carbon pollution over the next 25 years.

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