SOLAR

According to the US Energy Information Administration (EIA), in 2018, about 17% of the electricity generated was from renewable sources (primarily wind, solar & hydropower), with 1.6% coming from solar.

In early 2019, the Solar Foundation released its National Solar Census, which shows that, since 2017, the total number of jobs in the industry has now fallen for the second year in a row. 242,343 people were employed in solar jobs in 2018, a 3.2% decline on the previous year. That comes after the industry contracted by 3.8% in 2017, primarily as a result of tariffs.

The outlook for jobs in the industry is expected to improve in 2019 due to a backlog of utility-scale projects and new policy incentives in key U.S. states. The Foundation has forecast a 7% increase in jobs for this year, bringing the total to 259,400.

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Depreciation of Solar Energy Property in MACRS

Businesses rely on policy certainty to make long-term investment decisions. SEIA supports smart tax policy that drives continued innovation in the solar industry. Depreciation is one aspect of the tax code that facilitates greater investment…

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Go solar: top 10 benefits of solar energy

There are many reasons why homeowners go solar, but improving the environment and cutting energy costs are the most common. Many people are aware that solar is a great home efficiency upgrade and are eager…