Episode 770
770: How to Leverage IRA Grants for Solar Growth
The Inflation Reduction Act (IRA) has unlocked unprecedented federal funding for solar energy, promising billions of dollars to transform the industry. But where is this money going, and how can residential solar installers capitalize on the opportunity? Industry experts reveal the strategies and programs that are poised to help drive solar adoption in rural and low-income communities across the country.
Scott Nguyen, Co-founder and CEO of Bodhi, Sean Garren, Chief Program Officer at Vote Solar, and Corey Ramsden, VP of Go Solar Programs at Solar United Neighbors, share their insights on the nuances of these programs, the challenges facing low-income communities, and the innovative financing models that are emerging to make solar more accessible than ever before.
Expect to learn:
- The expanded benefits of the Rural Energy for America Program (REAP) grant and how it can reduce project costs by up to 50%.
- How the $7 billion Solar for All program is being rolled out across the country.
- Strategies for installers and developers to navigate the complexities of grant applications.
- Why compliance with federal guidelines, such as Davis-Bacon and Build America Buy America Act, can be a competitive advantage.
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CPS July 2024 V2