Everyday Energy is addressing the issue of climate change.
We are committed to install 30% of President Obama’s 100MW of renewable energy on affordable housing by 2020.
In 2009, President Obama made a pledge that by 2020, America would reduce its greenhouse gas emissions below 2005 levels if all other major economies agreed to limit their emissions as well. To help fulfill the pledge, his 2013 Climate Action Plan included a formal goal to install 100 megawatts of renewable on federally assisted affordable housing. Today, the President remains firmly committed to that goal as he executes a series of actions that will create jobs, reduce carbon pollution and cut energy waste.
Through projects committed by 16 client partners, Everyday Energy will bring 30 MW of solar energy online affecting approximately 39,000 low income residents. In addition to helping each unit realize an average savings of 80 percent off their energy bill, Everyday Energy solar systems also reduce the operating cost of each affordable housing property. The National Climate Assessment validates that we need to expedite the country’s transition to renewable energy, and solar power is the most economically viable option. The multifamily affordable housing segment continues to be the most promising market in the US for solar power. In California we’ve found that when compared to single family affordable housing, multifamily solar projects not only reduce energy costs for a significantly higher number of people, but have greater scalability resulting in much lower acquisition cost.
Our company expects that within two years we will achieve our commitment of bringing 30 MW of solar power online, well in advance of President Obama’s 2020 deadline. The projects to achieve this goal are all located in California, and are spread across the state from San Francisco and Monterey to Los Angeles and San Diego.
We’re proud to play a big role in achieving President Obama’s 100 MW goal – and our 30 MW commitment is only based on projects we already have on the books over the next 18-24 months. We expect to contribute beyond 2016 and provide much more than 30 MW of solar power toward the Administration’s goal by 2020.
President Obama’s plan, which consists of a wide variety of executive actions, has three key pillars:
Cut Carbon Pollution in America
In 2012, U.S. carbon emissions fell to the lowest level in two decades even as the economy continued to grow. To build on this progress, the Obama Administration is putting in place tough new rules to cut carbon pollution – just like we have for other toxins like mercury and arsenic – so we protect the health of our children and move our economy toward American-made clean energy sources that will create good jobs and lower home energy bills.
Prepare the United States for the Impacts of Climate Change
Even as we take new steps to reduce carbon pollution, we must also prepare for the impacts of a changing climate that are already being felt across the country. Moving forward, the Obama Administration will help state and local governments strengthen our roads, bridges, and shorelines so we can better protect people’s homes, businesses and way of life from severe weather.
Lead International Efforts to Combat Global Climate Change and Prepare for its Impacts
Just as no country is immune from the impacts of climate change, no country can meet this challenge alone. That is why it is imperative for the United States to couple action at home with leadership internationally. America must help forge a truly global solution to this global challenge by galvanizing international action to significantly reduce emissions (particularly among the major emitting countries), prepare for climate impacts, and drive progress through the international negotiations.