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About the Episode:
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.
Watch this and other insightful conversations recorded live at the PowerUp Live Podcast Stage at www.suncast.live!
Helpful RESOURCES:
Connect with Scott Nguyen:
Connect with Sean Garren:
Connect with Corey Ramsden:
Check out Bodhi:
Check out Vote Solar:
Check out Solar United Neighbors:
NOTEWORTHY QUOTEs:
“The IRA was passed a little over two years ago, promising hundreds of billions of dollars for solar. I’m happy to say that today, the dollars have started to flow.”
— Scott Nguyen
“Farming isn’t always profitable, so what can we do to preserve farmland? This is a big concern, and having that REAP grant available for farmers to help them out is just a really great opportunity for communities like ours.”
— Corey Ramsden
“Tell your local legislators and decision makers, because they need to know the opportunity they’re missing and the fact that this money is going to go away if it’s not getting out the door, and then to just dovetail that with tell the positive stories. We really need to get out there and talk about how solar can be transformative for individuals and communities. These programs are going to create a lot of really transformative change.”
— Sean Garren
Noteworthy Quotes:
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Nico Johnson
Entrepreneur & Podcaster
In my 20 year career, I've worked with dozens of entrepreneurs, intrapreneurs and professionals in transition to clarify their mission, set or stretch their goals, and work through the barriers to their growth.
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