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37,000 Jobs Created by Grant Program?

37,000 Jobs Created by Grant Program?

The extension of a federal grant program could create 37,000 jobs in the year 2012, says a report from the Solar Energy Industry Association. Called the 1603 Treasury program, it reimburses applicants who have installed renewable energy technology for their business, trade or to generate income.

SEIA says the program has supported about 45,000 jobs in the solar industry so far. If the program is extended two more years, it could result in the creation of 51,000 additional jobs they say. Grants made to states for solar, wind and other renewable energy projects are listed in this file. So much of the news related to solar energy in the United States lately is negative, it is drowning out the positive overall trend as we move towards cheaper and cheaper solar panels, and more solar installations.

The Solyndra debacle is regrettable, mainly due to the wasting of tax payer dollars, but solar itself is becoming less costly and more efficient. It will continue to do so, if we keep supporting it. Solyndra employed about 1,200 people, and all those jobs were lost, due to mismanagement of the company. Where is all the press about the success, and potential success of the 1603 treasury program? Does no one care about the potential 51,000 jobs that could be created by extending the 1603 Treasury program for two years? Or is it that most people are simply unaware of how successful it has been and might continue to be? It could be a self-destructive act to abandon it now.

“Killing the 1603 Program amounts to a tax increase on the thousands of small businesses that are creating jobs in solar. The bottom line is that our capital markets are still in trouble and this program is needed today as much as it was when it was created,” said SEIA president Resch.
(Source: thehill.com)

Image Credit: Jake Richardson

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15 comments

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4:20PM PST on Jan 21, 2012

Thanks for the article

4:34AM PST on Dec 14, 2011

Thanks for the article.

2:32PM PDT on Oct 18, 2011

PREPARE FOR RANT.. I am so annoyed about alternative energy in the US. the US became great because we *were* innovators.solar and wind energy as most know it, is decades old and Germany and China have beat us to it.maybe if this type program was started 20 years ago it would have helped.why the hell is the mentality on this a 'all or nothing' thing?someone give me a grid tie micro wind generator I can stick on my fence?paint it purple with pokadots and call it yard art.make them cheap enough for low to mid middle class people to afford.allow for future addition to be connected in series or parallel to increase power.every time some roofer knocks on my door for business, I say no thanks, I am waiting for solar shingles. why is the US so behind in this???

8:34AM PDT on Oct 16, 2011

I see tons of job potential not only in solar but other clean energy efforts as well, not to mention the many jobs that would be created in regulating the dirty industries like coal and big oil.

Funny how the few resident haters on Care2 never have any comments on stories like this.

4:30AM PDT on Oct 16, 2011

Some good news at last!

3:17AM PDT on Oct 16, 2011

on 11/11/11

http://thrivemovement.com/

: )

11:10PM PDT on Oct 15, 2011

Great news.

8:30PM PDT on Oct 15, 2011

According to Rhone Resch, President and CEO of SEIA, as stated in his presentation before the U.S. House Energy and Commerce Subcommittee on Commerce, Manufacturing and Trade: after inventing solar electric technology at Bell Labs and decades of leadership, the U.S. is now playing catch-up ... and the competition is stiff. China, Germany, Italy and Japan are investing heavily in solar and are already beating us at our own game.

Resch also states: much depends on the industry itself, our ability to innovate, and plain old fashioned hard work. We need tax policies and others that facilitate financing for clean energy technologies that cannot obtain financing in the commercial marketplace.

In essence, Resch is looking for Congress to consider a variety of financing mechanisms including the Clean Energy Development Administration and, immediately, to restore funding to the DOE loan guarantee program.

Given the focus on budget cuts, reelection priorities, etc., who thinks this will fly?

7:30PM PDT on Oct 15, 2011

We need better press! This is what the voters should be hearing about and supporting. Support every representative that has a record of voting for green causes.

12:53PM PDT on Oct 15, 2011

Solar energy is not wasting tax payers dollars. The only reason Solyndra didn't do better was because of the underhanded Chinese government giving billions of dollars to their own industry and undercutting ours. If we don't support solar energy they will take all of those jobs overseas too.

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Disclaimer: The views expressed above are solely those of the author and may not reflect those of
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