THE DISTRICT OF COLUMBIA GETS SOLAR
Local solar energy companies have enjoyed growth in recent years. Will it continue?
Steven Overly, August 30, 2014 (Washington Post)
“Solar energy start-ups that have taken root in the Washington region in recent years are maturing into bona fide businesses, buoyed in part by economic forces and government policies that have made renewable energy more attractive to consumers…The technical costs of installing solar energy systems have come down dramatically, especially when paired with government incentives…[But] many say the industry’s true test will come when federal tax incentives [that currently reimburse 30 percent of the installation costs and scheduled to decrease to 10 percent at the end of 2016] start to disappear and solar has to compete against other energy sources without a subsidy…In 2013, Maryland counted 2,000 solar jobs, Virginia had 1,900 and D.C. tallied 810…” click here for more
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