|September 17, 2014
|FOR IMMEDIATE RELEASE|
“In just a few years, American ingenuity and smart policy have made solar a true success story. These price declines mean that solar power is now an affordable option for families, schools, businesses and utilities alike,” said Adam Browning, executive director of Vote Solar. “The result is that solar and its many grid, economic and environmental benefits are shining in communities across the country.”
“This report highlights yet another reason why solar energy has become such a remarkable American success story. Today, solar provides 143,000 good-paying jobs nationwide, pumps nearly $15 billion a year into the U.S. economy and is helping to significantly reduce pollution,” said SEIA president and CEO Rhone Resch. “There are now more than half a million American homes, businesses and schools with installed solar, and this is good news for freedom of energy choice as well as for our environment.”
The seventh edition of Lawrence Berkeley National Lab’s Tracking the Sun, an annual report on solar photovoltaic (PV) costs in the U.S., examined more than 300,000 PV systems installed between 1998 and 2013 and preliminary data from the first half of 2014. Key findings include:
The National Lab notes that these findings mark the fourth consecutive year of major cost reductions for the U.S. solar industry. Today, solar is the fastest-growing source of renewable energy in the United States, employing 143,000 Americans, pumping $15 billion a year into the U.S. economy and helping to reduce pollution.
The full Tracking the Sun report is available here: http://emp.lbl.gov/publications/tracking-sun-vii-historical-summary-installed-price-photovoltaics-united-states-1998-20
Celebrating its 40th anniversary in 2014, the Solar Energy Industries Association® is the national trade association of the U.S. solar energy industry. Through advocacy and education, SEIA® is building a strong solar industry to power America. As the voice of the industry, SEIA works with its 1,000 member companies to champion the use of clean, affordable solar in America by expanding markets, removing market barriers, strengthening the industry and educating the public on the benefits of solar energy. Visit SEIA online at www.seia.org.
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