California plans to spend $1 billion on solar for low income residents

California is ready to spend $1 billion over the next decade on rooftop solar installation for low-income residents.

In December, the California Public Utilities Commission (CPUC) approved the creation of the Solar on Multifamily Affordable Housing (SOMAH) program.

Funded by the statewide greenhouse gas cap-and-trade program, it will provide $100 million in annual solar installation incentives for the owners of affordable multifamily buildings.

The bill is meant to help California meet its climate goals, help reduce energy bills for low-income residents and ensure that green energy infrastructure isn’t just for the wealthy.

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