Nonprofit Partnership Provides Low-Cost Solar Power for Multifamily Affordable Housing in New York City
Solar One, GRID Alternatives Tri-State and Co-op Power today announced the launch of Affordable Solar New York. The nonprofit initiative will bring lowcost solar power to affordable housing providers in New York, which provide critical housing and services to low-income residents. Solar can significantly reduce energy costs for both operators and tenants, yet up-front costs, credit scores and complex financing remain significant barriers for this sector to access the technology.
Governor Andrew M. Cuomo today announced communities across the state have come together to bring clean and affordable solar power to their localities at a discounted cost of up to 20 percent. With 26 campaigns launching through Reforming the Energy Vision, communities can obtain solar installations as a large group rather than an individual household—making it cheaper for everyone involved. In addition, the program is helping remove many of the obstacles that inhibit solar options, such as feasibility studies and finding the right contractor.