Solar projects built on 50 Philadelphia homes for low-income residents

• The Philadelphia Energy Authority (PEA) completed the city's very first rooftop solar program for reduced- and moderate-income homeowners. Solar was set up at 50 homes with PEA's Solar Savings Grant Program.

" Solarize Philly makes it possible for all property owners and businesses to go solar while conserving cash, creating jobs and improving public health and the setting. Solar is a win-win for Philadelphia," said Darrell Clarke, city council president Darrell Clarke.

Pilot individuals had house earnings of less than 80% of the area median earnings. PEA supplied aids to participating households to cover part of the installment price, coupled with a low-cost funding and no minimal credit score or any type of in advance cost. The photovoltaic panels are warrantied for 25 years and participants will certainly see energy bill savings in year one.

" The Philadelphia Energy Authority continues to position Philadelphia as a national leader being used tidy energy to drive fair financial growth," claimed Councilmember Katherine Gilmore Richardson. "This innovative program lays the foundation for thousands more low- and moderate-income households to go solar over the coming years."

Companions in this project consisted of the Pennsylvania Housing Finance Agency, Solar States, Centennial Parkside CDC utilizing grants from Spark Therapeutics and William Penn Foundation, Firstrust Bank and the National Energy Improvement Fund.

Philadelphia Green Capital, Philadelphia's brand-new green bank, is providing finance loss gets and a rotating fund for the solar renewable energy credit scores created by the projects.

The Solar Savings Grant Program belongs to Solarize Philly, a citywide program to aid all Philadelphians go solar. Installers consist of Solar States, Superior Solar Design, PosiGen and EDP Renewables.