The measure would subsidize solar installations through competitive grants. In 2012, $250 million in grants would be authorized; between 2013 and 2021, $500 million would be provided annually.
The Ten Million Solar Roofs bill - as its name suggests - has the ultimate goal of subsidizing the installation of 10 million solar arrays in the U.S. The bill, Sanders said, would create green jobs and put the U.S. at the forefront of the global solar power industry.
"The question is whether we will take advantage of clean, renewable solar energy or let other countries create solar jobs using technology developed in America. I think we can lead; this bill will help us do that," he argued Wednesday.
Sanders asked Senate Majority Leader Harry Reid to include his measure in a broader energy package that's expected to come before the Senate later in the summer. If it were to become law, going solar would become even more cost-effective for American homeowners.
