Report: Renewable Energy Bill Could Spark 20,000 New Jobs in Colorado
03/03/2010
The "Investing in the Sun" report details the economic and environmental benefits of increased adoption of solar electricity across the residential and business segments and comes at a time when state lawmakers are debating HB10-1001, a bill that would mandate investor-owned utility companies to boost their use of distributed renewable energy projects such as solar
"Solar energy creates more jobs per megawatt than any other energy resource. This study was intended to shine a spotlight on the real and immediate economic development opportunity Colorado could realize if a stronger statewide solar requirement were enacted," said Annie Carmichael, Vote Solar's policy lead for Colorado, said in a press statement.
"Investing in the Sun" claims the legislation, which would drive use of 1,000 megawatts of distributed solar energy, could provide a slew of benefits beyond new jobs including reliable homegrown power for 146,000 homes, $4.3 billion in economic output and save 6.8 billion gallons of water
"We can be the best in the West by rolling up our sleeves and putting Coloradans to work building tens of thousands of solar rooftops on homes, stores, and office buildings across the state," said Pam Kiely, program director at Environment Colorado, in a press statement. "Going solar is smart economic strategy, and a critical environmental solution-- and HB 1001 puts us squarely on track to get there."
The proposed legislation would also increase the overall Renewable Energy Standard to 30 percent by 2020, in addition to setting the requirement that 3 percent of total electricity sales come from "distributed generation" systems such as solar.
Vote Solar and Environment Colorado used the Job and Economic Development Impact (JEDI) model developed by the National Renewable Energy Laboratory, as well as inputs and assumptions drawn from real-world experience of local Colorado solar energy system installers to develop the full report.
Project Announcements
MMR Group Plans Lafayette Parish, Louisiana, Assembly Operations
10/14/2025
J.M. Smucker-Hostess Brands Expand Columbus, Georgia, Production Operations
10/14/2025
DMR Technologies Plans Lafayette Parish, Louisiana, Manufacturing Operations
10/14/2025
Swiss-Based Hitachi Energy Expands Varennes, Canada, Operations
10/14/2025
Underwood Ammo Plans Effingham County, Georgia, Manufacturing Operations
10/14/2025
Google Plans West Memphis, Arkansas, Data Center Operations
10/14/2025
Most Read
-
2025’s Top States for Business: How the Winners Are Outpacing the Rest
Q3 2025
-
Tariffs, Talent, and U.S. Expansion
Q3 2025
-
The Compliance Reckoning Is Here
Q3 2025
-
Around the Horn: Data Center Supply Chains — What's Next?
Q3 2025
-
Data Center Demand Stabilizes Amid Changing Market Forces
Q3 2025
-
Powering the Next Generation of Projects
Q3 2025
-
How Consumer Trends Are Reshaping Food Facilities
Q3 2025