A new report from Duke University, The Solar Economy: Widespread Benefits for North Carolina, found that public policies such as North Carolina’s Renewable Energy Portfolio Standard and Investment Tax Credit have made North Carolina first in the south and fourth in the nation for installed solar investment, creating jobs and boosting the economy across the state.
Across the U.S., the solar industry is growing rapidly--employing more than 119,000 people and contributing $11.5 billion to the U.S. economy in 2012.
This growth has been spurred by good policies, like renewable portfolio standards (RPS), that allow solar to be part of the energy mix. RPS policies have been passed by 29 states and require utilities to get at least a part of their energy from renewable sources. These policies are helping move this country to a new energy future--one that is more stable, secure and clean.
However, right now there are aggressive, nationwide efforts to repeal renewable portfolio standards state-by-state. The Solar Energy Industries Association (SEIA) is fighting back.
- SEIA: Renewable Portfolio Standards
- Berkeley National Laboratory Report: Supporting Solar Power in Renewables Portfolio Standards: Experience from the United States
- SEIA: Solar Industry Data