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Markets for solar energy have grown rapidly across the nation over the past several years and solar electricity is now economically competitive with conventional energy sources in several states. It is proven to be an incubator for job growth and has become more affordable and accessible to our citizens. According to the U.S. Department of Energy (DOE), the average cost of solar PV panels has dropped more than 60% since 2010, and a solar electric system has dropped roughly 50%. Despite monumental progress in the energy space, significant work remains before solar can meet its full potential throughout the country.

Executive Summary

2018 Solar Report

The solar industry employs more than 250,000 Americans according to the National Solar Jobs Census. This is a 168% increase since 2010.

Solar makes up just under 2% of energy generation in the U.S., yet employs twice as many people as other energy competitors.

93% of solar installation companies do not require their employees to possess a bachelor’s degree.

The first solar cells were available for purchase to the public in 1956.

Solar Energy News

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Current and Recent Initiatives
  • Solar Powering America
    This interagency initiative between the U.S. Department of Energy (DOE), U.S. Department of Agriculture (USDA), U.S. Department of Housing and Urban Development (HUD), and the Environmental Protection Agency (EPA) supports greater solar development across the nation. The Solar Powering America page provides educational resources for the energy consumer interested in learning more about the benefits of going solar.
  • Solar to Grow Significantly from 2016 to 2025
    Federal and state initiatives have secured a successful future for solar energy. According to a Global Market Insight report, the Global Concentrated Solar Power Market is expected to grow at over 17% CAGR to surpass $120 billion by 2025.

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