A recent report by the Solar Energy Industries Association (SEIA) states solar beat out natural gas capacity additions in 2015. It was the first time to happen, the report adds. Solar supplied 29.5 percent of all new electric generation capacity in the country. The total U.S. solar market experienced a growth rate of 17 percent in 2015 (business and residential).
States with pro-green energy legislators argue for initiatives such as rebates and tax breaks that make it easier for home and business owners to install solar panels on their roofs. Extension of net metering policies, which compensates users for solar electricity they don’t use at a higher retail rate, has also been an incentive for individuals to install rooftop solar systems.
U.S. corporations have increased their solar usage by 59 percent since 2014, SEIA states. In a survey by Enercore, with third-party marketing company Cobia Systems, the fastest-growing state for businesses interested in adding solar power systems to their business in 2016 was Massachusetts. Next up were New Mexico, Arizona, California, Colorado, Pennsylvania, Hawaii, North Carolina, New Jersey and Nevada.
Area businesses can announce relocations, new branches, changed ownership, events and honors from independent organizations by sending information to Times Record Business News, P.O. Box 1359, Fort Smith, AR 72902, or emailing biznews@swtimes.com.
Solar Industry Surges
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