It is surprising that soon after the ITC extension developers and customers were contacting EPCs and installers letting them know that some of their projects were going to be moved out into 2017. It is amazing how human nature comes into play either for getting activities done at and accelerated pace or slow down because timelines have been extended. Based on the extension of the ITC predictions of 13 to 14 gigawatts are probably going to be reduced to 11 or 12 gigawatts. Fortunately the industry has grown enough to do the 13 to 14 gigawatts although stretching everyone’s efforts and unfortunate that timelines are extended because of a positive event in the industry like the ITC being extended.
As a young industry it is great when we can stretch our capacity as it will allow for increased jobs, opportunity, and capacity. With focus and direction from executive teams sales people will be out there with a message that now is the time to get your solar installation done. As soon as the sales effort slows down the entire industry slows down. Over the last eleven years the growth in solar and other renewables has been a positive in the US economy. Expansion in job opportunities, dollars invested, new technologies, reduction in costs in construction, finance ability of projects, and public/commercial interests have expanded. Additionally, this has caused a reduction in CO2 and the use of fossil fuels. Instead of slowing down we should be keeping up the pace and keep expanding our teams, technology, opportunities and customer bases.
Politics and its effect on solar and other renewables
Listening to the debates from the mouths of the republicans and democrats we can now look through the review mirror and see how extremely fortunate that President Obama became the president and not a republican as he was able to get the cash grant extended in his first year in office and in his last year to get the ITC extension. If you are listening to the rhetoric from the Republicans it is obvious they want to repeal any renewable extensions and believe that global warming is a bunch of scientists getting together telling lies to prevent continued drilling for fossil fuels. The democrats have the view that we should continue with the Obama policy and expand it. Undoubtedly for the industry to continue growing at 20 to 40% a year we need policy to be clarified in a manner beneficial to renewable.
With the primary’s clarifying who and what the respective candidates plan to do when they are elected it seems that democrats are listening to scientists, the public and want to expand programs for solar and renewables in general. If you have decided which candidate fits your vision then hopefully you are assisting in some form or fashion to get that candidate elected instead of giving up to chance what happens to the renewable jobs and the planet.
In conclusion, the solar industry although growing rapidly it will not grow as expected if the ITC extension is repealed. The upcoming elections are clarifying the importance to get out and vote making sure you are doing your best to expand the renewable industry. If you have any questions or comments you can contact me at email@example.com or firstname.lastname@example.org additionally, if you would like to have my articles sent automatically you can follow me at http://byteclay.com/internet-business-in-san-francisco/robert-benedict just press the follow button.