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Obama Launches Plan to Subsidize Solar Panels for Poor Baltimore Neighborhoods

On Tuesday, the White House announced a new plan to subsidize the expansion of solar panels for low-income homes in Baltimore.

Obama administration officials held a press conference in Baltimore with Rep. Elijah E. Cummings to announce the new program intended to provide low-cost financing for homeowners and renters in low-income city neighborhoods.

“We need to expand opportunities for more families to reap the benefits of using cleaner sources of energy that can also help households save money on their utility bills,” said President Obama’s top energy adviser, Brian Deese.

Despite the big announcement, the White House had no estimate of the costs the new program would incur on the federal government. But officials did note that some $520 million from “charities, investors, states and cities” would help pay for other new “solar and energy-efficiency projects for lower-income communities.”

Rep. Cummings noted that his office receives complaints from constituents all the time that they cannot pay their soaring utility bills, and he felt that this new program could help bring down the costs of energy in inner city areas.

“The difference in a monthly bill of $10 or $15 means a lot to the people who live on my block,” Cummings said.

“Solar energy not only serves our planet… it also serves people by lowering their energy bills,” Cummings added.

However, when he was first running for President back in 2007, Obama warned the San Francisco Chronicle that under his energy plan “electricity costs would necessarily skyrocket.”

Follow Warner Todd Huston on Twitter @warnerthuston or email the author at igcolonel@hotmail.com

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