The solar industry reports job growth 20 times higher than the rest of the U.S. economy, according to a new analysis.
As of 2014, there were nearly 174,000 jobs in the solar industry, according to the report from the nonprofit Solar Foundation. That represents 86 percent employment growth since the organization began tracking job figures in 2010. By the end of 2015, companies said they expect to hire an additional 36,000 new solar workers.
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"The reason that installations are growing like gangbusters is because of cost reductions," Luecke said, noting that the average price of solar panels has declined 64 percent since 2010.