Connect with us

Hi, what are you looking for?


Clean Power

Study Proves Solar A Worthwhile Investment Opportunity

A new study released Tuesday by the NC Clean Energy Technology Center shows that investing in a 5 kilowatt solar system can yield a better return than investing in a stock market index fund in 46 of America’s 50 largest cities.

For the author’s of the report, one of their primary goals was to show that “solar is now not just an option for the rich, but a real opportunity for anyone looking to take greater control over their monthly utility bills and make a long-term, relatively low-risk investment.”

“This study proves once again that solar makes great financial sense for a large number of Americans,” said Rhone Resch, president and CEO of the Solar Energy Industries Association (SEIA). “Every 3 minutes of every single day, the U.S. solar industry is flipping the switch on another completed solar project, benefitting homeowners and businesses nationwide.”

In fact, according to recent numbers provided by GTM Research, a new solar PV system is installed in the US every two-and-a-half minutes.

The full report is available to read here (PDF), but the Solar Energy Industries Association (SEIA) pushes hard the idea that the solar industry is an important one.

Major policies such as the Solar Investment Tax Credit (ITC), Net Energy Metering (NEM), and the Renewable Portfolio Standards (RPS) play a large part in the success of the solar industry. According to the SEIA, the US solar industry is employing over 143,000 people, and is pumping more than $15 billion into the US economy — always an important figure.

“By any measurement, these policies are paying huge dividends for both the economy and our environment,” Resch added.

Appreciate CleanTechnica’s originality? Consider becoming a CleanTechnica Member, Supporter, Technician, or Ambassador — or a patron on Patreon.
Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.
Written By

I'm a Christian, a nerd, a geek, and I believe that we're pretty quickly directing planet-Earth into hell in a handbasket! I also write for Fantasy Book Review (, and can be found writing articles for a variety of other sites. Check me out at for more.


#1 most loved electric vehicle, solar energy, and battery news & analysis site in the world.


Support our work today!


Power CleanTechnica: $3/Month

Tesla News Solar News EV News Data Reports


EV Sales Charts, Graphs, & Stats


Our Electric Car Driver Report

30 Electric Car Benefits

Tesla Model 3 Video

Renewable Energy 101 In Depth

solar power facts

Tesla News

EV Reviews

Home Efficiency

You May Also Like

Clean Power

This equates to a roughly $4 billion annual subsidy to the US nuclear industry, in addition to the $1.6 billion in permanent tax breaks...

Clean Power

Pro-tip: if the expenditure units starts with m instead of b, it’s not serious. Billions move the needle. Millions just keep the lights on...


The U.S. Department of Energy (DOE) Office of Energy Efficiency and Renewable Energy has shared that it has three funding opportunities for sustainable transportation...

Copyright © 2021 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.