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PNS Daily Newscast - April 20, 2018 


The DOJ delivers the Comey memos to congress. Also on our rundown: more evidence that the rent is too, damn, high; Marathon County braces for sulfide mining; and the focus on recycling this weekend for Earth Day in North Dakota.

Daily Newscasts

New Federal Initiative Aims to Help More California Homeowners Afford Solar

The federal government announced a new plan to help more homeowners afford solar. (Cleanenergy.org)
The federal government announced a new plan to help more homeowners afford solar. (Cleanenergy.org)
July 20, 2016

SACRAMENTO, Calif. — The Obama Administration announced plans Tuesday to make solar an option for all homeowners by extending more zero-down loans. As part of the Clean Energy Savings For All Initiative, the Veterans Administration and the Department of Housing and Urban Development will start insuring mortgages on homes with a PACE loan.

PACE is a program that allows homeowners to finance solar and energy efficiency improvements without paying a dime upfront, instead making payments through their property tax bill. California Gov. Jerry Brown supports the program but says other government sponsored organizations such as Fannie Mae and Freddie Mac should have been doing this all along.

"This makes everybody better off. The homeowner, the environment, and FHA and VA,” Brown said. "Why doesn't Freddie and Fannie do that? The Federal Housing Finance Agency, because of the mortgage meltdown, is so paranoid and so fearful, they won't step up to the plate and do the right thing. "

The president's Climate Action Plan originally set a target of installing 100 megawatts of solar by 2020. But the White House has now upped that goal by a factor of ten: to one gigawatt.

Brown said this complements his stated goal of getting 50 percent of California's energy from renewable sources by 2030.

"It is another important government effort to accelerate the movement toward renewable energy and efficient housing,” Brown said. "So we're not wasting water, gas and electricity and we're using the sun as much as we can to get the job done."

As part of the plan, several housing agencies in California have committed to putting more solar on government owned apartment complexes. The initiative will also increase job training for more solar installers to meet the expected rise in demand.

Suzanne Potter, Public News Service - CA