The Solar Energy Industries Association (SEIA) last week released a report entitled, “Economic Impact of Extending the Section 1603 Treasury Program.” The report examines projected job growth and solar deployment associated with a one-year extension of the Section 1603 Treasury Program. The report also analyzed scenarios for two and five-year extensions of the program. According to the report, a one-year extension would result in the solar industry supporting an additional 37,394 jobs in 2012. In addition, a one-year extension would result in nearly 2,000 additional megawatts (MW) of solar installations above baseline by 2016, enough to power 400,000 homes. The program is set to expire on December 31, 2011.
Click here to download the report.