Sunny Predictions for Solar Energy in 2004

As the 2004 International Builders’ Show began this week in Las Vegas, the Solar Energy Industries Association (SEIA) predicted that 2004 will be solar power’s biggest year ever.

Washington, D.C. – January 21, 2004 [] “2004 will be a banner year for the solar industry, and the home builders’ show is a perfect place for us to begin it,” said Glenn Hamer,SEIA’s Executive Director, who is in Las Vegas for the show. “Incorporating solar energy in new home construction is a cost-effective and forward-thinking way to make a home more attractive to buyers, and less expensive to live in. What’s more, lawmakers are providing incentives to make it even more beneficial.” “From coast to coast, elected officials are recognizing the importance of solar power to our nation’s energy independence and environment. Governor Arnold Schwarzenegger, in his State of the State address, promised to ‘encourage builders to build homes using partial solar power. Governor James E.McGreevey of New Jersey is another renewable energy leader. And Congress is a few votes away from passing the most pro-solar federal legislation in history.” The State of New Jersey has one of the best consumer solar rebate programs available; this state rebate covers up to 70% of the solar electric system cost. In addition, New Jersey is about to implement one of the nation’s strongest renewable portfolio standards (RPS) which calls for the overall deployment of 90 megawatts of solar generation statewide within five years. Solar energy continues to enjoy explosive growth rates, as homeowners and businesses look for reliable, clean and domestically-generated power. In fact, solar electric and wind power are the two fastest growing energy sources on Earth, with solar growth exceeding thirty percent annually the last several years. Now, with more home builders considering solar as an option or standard feature on new homes, the industry is poised to grow even faster. “We expect good things to come from this year’s show,” Hamer said. “After all, who is going to ignore a request from Governor Schwarzenegger?”
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