Go after clean power low-hanging fruit by incentivizing less energy use through cost-effective upgrades (better light bulbs, less drafts, etc.).
Discounts on utility bills for energy efficiency investments; tax rebates on investments made in efficiency; extension of below-market financing; direct subsidies for improvements.
If structured correctly, can result in significant creation of good jobs in a sector that is accessible to entry-level candidates without extensive training, the ancillary benefits of which can be captured by community-based organizations to increase their capacity as economic developers.
Risk & Drawbacks?
Subsidies are politically fragile: any long-term community infrastructure built around the assumption they will continue to exist indefinitely is exposed to the risk that they will not. Green jobs are not necessarily good jobs: additional investments in inclusive hiring pipelines, job quality standards monitoring, and training are necessary.
In operation since 1976, the Department of Energy’s Weatherization Assistance Program provides grants to states to help low-income families save energy. Major allocations of additional stimulus funding to the program after the onset of the 2007-08 financial crisis created thousands of much-needed green jobs.