The solar arena is continuing to expand, and it's certainly an opportune time to get involved with this emerging industry. According to the "National Solar Job Census", released by The Solar Foundation, the solar market was estimated to have grown by 13 % from 2011 to 2012. There are roughly 120,000 men and women employed in the solar energy field today, and the number is continuing to grow rapidly. In contrast to the total growth of 2.3 % of jobs in the American overall economy from 2011 to 2012, this amount is even more exceptional.
The NABCEP (North American Board of Certified Energy Practitioners) have likewise just recently delivered some documentation that discusses the existing generation of solar workers, and extrapolates about what we have to do to bankroll prospective generations of this developing workforce, as well as the industry's necessities to guarantee ongoing business expansion. Given the rate of growth within this industry, as well as the escalating interest in green technologies in America's public, solar power is most certainly one of the most significant producers of new jobs in America, and more financing needs to be put into expanding this sector. Solar power jobs run the gamut from installation to sales to development of fresh software and systems. These jobs supply enduring employment and enhance our nation's economic recovery. They'll stay in America and can not be contracted out.
The document that the NABCEP issued, "Financing the Next Generation of Solar Workers", shows that a great deal of the public funding for solar training programs has already either ran out or will soon. The document investigates alternatives for potential financing down the road, and makes pleas for more funding and capital interest. Some of the methods that the paper goes over are private partnerships, exploration of different loan programs that are available, and the emerging trend of crowd sourcing, which has proven itself with tech savvy people in the contemporary era. These choices will definitely have to be investigated as less state and federal backing is put aside for solar training and education.
As the solar sector continues to add new members to it's labor force and broaden, jobs in various other areas have shown to decrease. Jobs involving electrical power generated via fossil fuels dropped about 4 % over the past year, and this further highlights Americans' enthusiasm in looking toward green innovations and alternatives to fossil fuels. Some other reasons why the solar industry continues to expand are the continued reductions in costs of solar components, as well as federal tax incentives. In short, solar power cells have become quite a bit cheaper, and continue to go down in cost as suppliers compete for sales. This coupled with federal tax incentives make entering the industry quite a bit more appealing.