Jobs Grow in Solar, Not Coal

3 Ways Solar Energy Stimulates the Economy


Findings from The Solar Foundation's 2015 Solar Jobs Census underscore that growth:

Since 2010, solar industry employment has grown by 123 percent, reaching nearly 210,000 jobs in 2015. Employment is expected to grow by another 15 percent in 2016. 1.2 percent of all new jobs in the U.S. in 2015 were created by the solar industry. Nearly 10 percent of solar jobs in the country are held by veterans, a much higher proportion than in the overall economy.  
 

The clean energy economy offers more opportunities and better pay for low-and middle-skilled workers than the national economy as a whole. Wages for solar jobs in the U.S. are also significantly higher than the U.S.: the median wage for a solar installer in 2014 was $20 per hour, compared to $17.09 across the total U.S. workforce. Many solar installers are small locally owned businesses, and supporting them brings more money into local economies.

Solar power is a key source of energy in the U.S., and as the cost of solar continues to fall, all signs point to it becoming an even larger part of the U.S. energy supply. That's good news for the environment and the economy.
 

The environmental benefits of going solar are quickly becoming common knowledge. Some state’s financial incentives are allowing more and more homeowners to take advantage of the Sun’s power! Now, let’s take a look at solar energy’s positive impact on our economy.

Here’s a fact: In 2016, the U.S. solar industry generated over $154 billion for direct sales, salaries, wages, benefits, taxes and fees. The revenue increased by $210 million in 2017 and is expected to continue to grow in the years to come.

Below are a few highlights of solar technology and how it impacts both local and national economies:

Job Generator : According to a new report from the U.S. Department of Energy, the solar industry employed about 370,000 workers in 2016, which is 43 percent of the Electric Power Generation workforce. It is projected that 202,000 more jobs will be created by the year 2025.

Higher Wages : A solar installer is actually the fastest-growing job to date. It offers a median annual salary of almost $40k. Many solar installers are small, locally owned businesses that bring more money into local economies. Solar panel production also uses indigenous resources so most of the energy dollars can be kept at home.

Stable Prices : Because solar power is a renewable resource, it can stabilize the prices of petrol and diesel in the future. Climate change has made intense storms, droughts and other disruptive events happen more often. Thankfully, solar energy is fool-proof against natural calamities. It is considered a more resilient option than natural gas and coal.

Combining the technological advancements with great government incentives, almost anyone can take advantage of solar power. And with more consumers choosing solar, the industry is developing faster than ever. This is great news for both the environment and the economy.

  Interested in a Free Sun Analysis?
    Request a sun analysis to get a true cost quote for your home.

Jobs Grow in Solar, Not Coal

The environmental benefits of going solar are quickly becoming common knowledge. Some state’s financial incentives are allowing more and more homeowners to take advantage of the Sun’s power! Now, let’s take a look at solar energy’s positive impact on our economy.

 

Job Generator : According to a new report from the U.S. Department of Energy, the solar industry employed about 370,000 workers in 2016, which is 43 percent of the Electric Power Generation workforce. It is projected that 202,000 more jobs will be created by the year 2025.

 

Higher Wages : A solar installer is actually the fastest-growing job to date. It offers a median annual salary of almost $40k. Many solar installers are small, locally owned businesses that bring more money into local economies. Solar panel production also uses indigenous resources so most of the energy dollars can be kept at home.


Stable Prices : Because solar power is a renewable resource, it can stabilize the prices of petrol and diesel in the future. Climate change has made intense storms, droughts and other disruptive events happen more often. Thankfully, solar energy is fool-proof against natural calamities. It is considered a more resilient option than natural gas and coal.

Combining the technological advancements with great government incentives, almost anyone can take advantage of solar power. And with more consumers choosing solar, the industry is developing faster than ever. This is great news for both the environment and the economy.

  Interested in a Free Sun Analysis?
    Request a sun analysis to get a true cost quote.

The financial benefits of going solar make a compelling argument for businesses and homeowners, and the overall impact of solar on the economy is just as positive. The solar energy industry is a national industry that provides high-quality jobs across the country. As more businesses and homes go solar, job opportunities continue to grow.

 

Findings from The Solar Foundation's 2015 Solar Jobs Census underscore that growth:

Since 2010, solar industry employment has grown by 123 percent, reaching nearly 210,000 jobs in 2015. Employment is expected to grow by another 15 percent in 2016. 1.2 percent of all new jobs in the U.S. in 2015 were created by the solar industry. Nearly 10 percent of solar jobs in the country are held by veterans, a much higher proportion than in the overall economy.  

The clean energy economy offers more opportunities and better pay for low-and middle-skilled workers than the national economy as a whole. Wages for solar jobs in the U.S. are also significantly higher than the U.S.: the median wage for a solar installer in 2014 was $20 per hour, compared to $17.09 across the total U.S. workforce. Many solar installers are small locally owned businesses, and supporting them brings more money into local economies.

    Solar power is a key source of energy in the U.S., and as the cost of solar continues to fall, all signs point to it becoming an even larger part of the U.S. energy supply. That's good news for the environment and the economy.

 

Jobs Grow in Solar, Not Coal

3 Ways Solar Energy Stimulates the Economy

    Multiple studies have shown that homes with solar panel systems are valued and sold at prices above similar homes in their area. They also tend to sell twice as fast as the competition.

    Early studies focused on established solar markets such as California found that home values increase by four percent or more when homes are equipped with solar panels.

The environmental benefits of going solar are quickly becoming common knowledge. Some state’s financial incentives are allowing more and more homeowners to take advantage of the Sun’s power! Now, let’s take a look at solar energy’s positive impact on our economy.

Avatar with hardhat over uSA

Here’s a fact: In 2016, the U.S. solar industry generated over $154 billion for direct sales, salaries, wages, benefits, taxes and fees. The revenue increased by $210 million in 2017 and is expected to continue to grow in the years to come. Below are a few highlights of solar technology and how it impacts both local and national economies:

 

Job Generator : According to a new report from the U.S. Department of Energy, the solar industry employed about 370,000 workers in 2016, which is 43 percent of the Electric Power Generation workforce. It is projected that 202,000 more jobs will be created by the year 2025.

 

Higher Wages : A solar installer is actually the fastest-growing job to date. It offers a median annual salary of almost $40k. Many solar installers are small, locally owned businesses that bring more money into local economies. Solar panel production also uses indigenous resources so most of the energy dollars can be kept at home.


Stable Prices : Because solar power is a renewable resource, it can stabilize the prices of petrol and diesel in the future. Climate change has made intense storms, droughts and other disruptive events happen more often. Thankfully, solar energy is fool-proof against natural calamities. It is considered a more resilient option than natural gas and coal.

 

Combining the technological advancements with great government incentives, almost anyone can take advantage of solar power. And with more consumers choosing solar, the industry is developing faster than ever. This is great news for both the environment and the economy.

  Interested in a Free Sun Analysis?
    Request a sun analysis to get a true cost quote for your home.


Interested in a Free Sun Analysis?  
Request a sun analysis to get a true cost quote for your home.      


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