On the 19th of September, 2022, reports emerged that California governor — Newsom — had signed the 1340 senate bill. For context, this bill extends tax exclusion to pristine solar installments for periods up to two years.  The senate bill 1340 is undoubtedly, one of the greatest initiatives issued by the Californian government in recent times. This extension will see unfinished solar projects coming online in due time. However, just before we dive into this bill’s specifics, it’s important to get an overview of why solar energy has become a top priority in California.  Thus, this article aims to give an insight into solar systems in California and why the 1340 senate bill being signed into law might just be what’s needed to keep sustainable (green) power alive for years to come. Solar Energy in California The solar industry in the United States has witnessed a massive boost in the past […]

After a year of contentious political wrangling and maneuvering, President Biden’s Build Back Better initiatives morphed into the Inflation Reduction Act (IRA). The IRA, signed into law on August 16th, 2022, now sets a new highwater mark for America’s transition to a greener economy.  To the frustration of hardline ecologists, the IRA stripped many climate initiatives from the original framework. The more ambitious proposals were removed, in part, as a matter of legislative due course but mainly because of concessions to Democratic dissent in the Senate and runaway inflation taking center stage. Those initiatives were ambitious indeed – one provision included a comprehensive energy program called the Clean Energy Performance Program (CEPP). The CEPP incentivized utility companies to expand solar, wind, and other renewable energy sources.  One problem with the CEPP? That program would create almost 8M new jobs. That sounds great, but the proposal clashes with 2022’s economic reality as the Federal Reserve executes its unspoken […]

The Florida Homeowner Assistance Fund Program is no longer accepting applications due to the volume of registrations received so far. A total of $277 million has been distributed to over 9,900 homeowners which makes this program a leader in distributing HAF funds in the US. The Department of Economic Opportunity (DEO), which administers the Florida HAF program, released an official statement that funds are almost exhausted.  If you would like more information on this program and more, talk to our partners here. Adam Callaway, the DEO’s deputy secretary of strategic business development told News 6: “We haven’t run out of funds yet. We anticipate we will run up against our funding cap, so we have to be careful.” “As we continue to lead the nation, our outreach efforts for HAF in Florida communities have been a tremendous success, and we are now able to close registration for the program ahead […]

We may have done away with the masks, social distancing, and Purell overload. One thing that hasn’t gone away post-pandemic? Families and homeowners struggling to make their mortgage payments. Between job loss or hourly reductions, the pandemic, coupled with the current economic turbulence, means that housing insecurity is rising. Luckily, the federal government recognizes the need to keep Americans in their homes and includes state grant money under the American Rescue Plan Act to help keep mortgages afloat. State grants Rather than directly handing stimulus checks to needy homeowners, the money is available as a grant states must apply for before distributing it to residents. Most, if not all, states have already applied for and received the grant; many states are handling the management and disbursement of funds under their homeowner assistance fund (HAF). Almost $10B has already been distributed from the federal government to state HAFs, with each state […]