New Report Shows America’s Schools Saving Money by Going Solar
|September 18, 2014
|FOR IMMEDIATE RELEASE
WASHINGTON, DC – In a report card deserving of the honor roll, a comprehensive, first-of-its-kind new study released today says America’s K-12 schools have shown explosive growth in their use of solar energy over the last decade, soaring from 303 kilowatts (kW) of installed capacity to 457,000 kW, while reducing carbon emissions by 442,799 metric tons annually – the equivalent of saving 50 million gallons of gasoline a year or taking nearly 100,000 cars off U.S. highways.
Brighter Future: A Study on Solar in U.S. Schools was prepared by The Solar Foundation (TSF) – with data and analysis support from the Solar Energy Industries Association (SEIA) – and funded through a grant provided by the U.S. Department of Energy’s SunShot program.
The Solar Foundation’s report is the first nationwide assessment of how solar energy helps to power schools in communities across America. Most importantly, the report shows that thousands of schools are already cutting their utility bills by choosing solar, using the savings to pay for teacher salaries and textbooks. What’s more, the report estimates that more than 70,000 additional schools would benefit by doing the same.
“Solar enables schools to save money, enrich learning and keep teachers in the classroom – all while providing local jobs and generating emissions-free electricity,” said Andrea Luecke, President and Executive Director of The Solar Foundation. “With five times as many solar schools today than in 2008, it is clear that the solar schools movement is gaining momentum and providing kids with the greatest benefits,” Luecke added.
Here are the report’s key findings:
“An analysis performed for this report found that 450 individual school districts could each save more than $1,000,000 over 30 years by installing a solar PV system,” said SEIA President and CEORhone Resch. “That’s a lot of money. In a time of tight budgets and rising costs, solar can be the difference between hiring new teachers – or laying them off. Just as importantly, solar is also helping to fight pollution, providing hope for our children, as well as for future generations of children.”
The new report also found:
As is the case with the solar industry at large, the report found that more schools are going solar as installation costs decrease. According to the SEIA/GTM Research U.S. Solar Market Insight report, by the second quarter of this year, national blended average system prices had dropped 53 percent since 2010.
About The Solar Foundation:
The Solar Foundation® (TSF) is an independent 501(c)(3) nonprofit whose mission is to increase understanding of solar energy through strategic research that educates the public and transforms markets. Since 2010, TSF has published its annual National Solar Jobs Census, which established the first credible solar jobs base line for the U.S. The Solar Foundation is considered the nation’s authority on the solar labor force and advises many organizations on the topic. TSF is also a leading provider of educational materials on the economic impacts of solar for local governments through its work with the U.S. Department of Energy. In addition, TSF chairs the National Solar Schools Consortium, a group of stakeholders seeking to make solar a larger part of the national K-12 system. More at http://TheSolarFoundation.org