Interesting facts from the Solar Energy Industry Association (SEIA)
1.There are currently more than 497 solar companies that work throughout the value chain in Texas, employing 7,030 people.
2.In 2015, Texas installed 212 MW of solar electric capacity, ranking it ninth nationally. Installed solar capacity in Texas has grown by 65% over the last year.
3.In 2015, $372 million was invested on solar installations in Texas. This represents a 48% increase over the previous year, and is expected to grow again this year.
4.The 566 MW of solar energy currently installed in Texas ranks the state tenth in the country in installed solar capacity. There is enough solar energy installed in the state to power 61,000 homes.
5.Over the next five years, Texas is expected to install 4,612 MW of solar electric capacity, ranking the state second over that time span. This amount is more than 10 times the amount of solar installed over the last five years.
6.Installed solar PV system prices in the U.S. have dropped steadily– by 12% from last year and 66% from 2010. Solar Panel companies are popping everywhere because of a few reasons: Finally Affordable – from costs getting driven down from innovation