The state of Rhode Island will subsidize the construction of solar panels on the houses of low- or moderate-income families. Writes Lesa Prevost in Energy News:
“The program will offer affordable leases for solar equipment on homes owned by residents with incomes less than or equal to 80% of the area median income. That’s a maximum of $65,460 annually for a family of four, or $44,512 for a two-person household.
. . .
“The homes must be located in environmental justice areas, as defined by the state Department of Environmental Management. Those areas are primarily in and around the cities of Providence, Pawtucket, Woonsocket and Newport.
“That will enable the program to take advantage of the new environmental justice adders to the Investment Tax Credit passed as part of the Inflation Reduction Act. Those adders will allow solar system owners to qualify for a higher tax credit when homes are located in census tracts designated as environmental focus areas, [Vero Bourg-Meyer, project director at the Clean Energy States Alliance] said.”
Image of house with solar panel by Thomas Oettinger from Pixabay.