1/10/2024 0 Comments Million solar roofs plan![]() Now several years into the program, California is on track to meet its goal of installing 3,000 megawatts of new solar by 2016. This legislation extends nationally the California Million Solar Roofs initiative, started by Gov. We know this concept works because it is already being implemented on a smaller scale in California. It’s also a good deal for the nation because we save money by preventing the expensive construction of new power plants, we eliminate large health care and other costs associated with air and water pollution,Īnd we take a big step to address global warming. This is a pretty good deal for a family that plans to stay in their home or wants to increase their home value, or a small business looking to stabilize its energy costs. ![]() The result: the consumer now pays $7,875 for the solar system. Our bill would provide an additional rebate of as much as $1.75 per watt, covering up to 50 percent of the remaining cost. In Vermont, for example, a homeowner could get an additional rebate of $1.75 per watt, which would further reduce the system cost to $15,750. The federal tax credit of 30 percent reduces the system cost to $24,500. That system today costs roughly $35,000 to purchase and install. Here is how it works: Take the example of a homeowner who decides to install a 5 kilowatt solar system which, depending on location, would produce enough electricity to cover most, if not all, of an average electric bill (the solar panels would produce excess power during the day which can be sold back to the utility, covering some or all of the cost of electricity when the sun is not shining). What the Ten Million Solar Roofs Act does is provide consumer rebates for the purchase and installation of solar systems. The passage of this bill would dramatically reorient our energy priorities and would be a major step forward toward a clean energy future for the United States. It also would mean the creation of over a million new jobs. The legislation will rapidly increase production of solar panels, driving down the price of photovoltaic systems. It will increase by almost 20 times our current energy output from photovoltaic panels. When fully implemented, this legislation would lead to 30,000 megawatts of new photovoltaic energy, triple our total current U.S. ![]() It calls for 10 million new solar rooftop systems and 200,000 new solar water heating systems over the next 10 years. The bill is all of nine pages and is pretty straightforward. That is why I was joined by 11 of my colleagues (Senators Whitehouse, Cardin, Gillibrand, Merkley, Lautenberg, Leahy, Boxer, Menendez, Specter, Harkin and Stabenow) in introducing the Ten Million Solar Roofs Act. ![]()
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