Full Title: Community Solar Funding and Financing Options: A Primer for State Energy Officials and LIHEAP Program Directors
Author(s): National Association of State Energy Officials (NASEO), National Energy Assistance Directors’ Association (NEADA)
Publisher(s): National Association of State Energy Officials (NASEO), National Energy Assistance Directors’ Association (NEADA)
Publication Date: March 7, 2022
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Community solar developments can expand solar power access to more people, including low-to- moderate income (LMI) customers who have been historically underserved by clean energy programs. Structuring programs for LMI customers prompts important questions about financing and funding projects. This brief offers an overview of existing models for funding and financing community solar, and it explores a number of potential improvements and adjustments that can support greater access by LMI and other underserved customers. The options laid out here will provide State Energy Office Directors, Low Income Home Energy Assistance Program (LIHEAP) Directors, and other key stakeholders with additional information as they explore innovative ways to expand access to solar in their states and communities.