Speaking on Business: Utah Solar Industry
Solar installations in Utah increased from 250 megawatts in 2015 to almost 1500 megawatts in 2016.
This is Chris Redgrave for Zions Bank Speaking on Business.
The solar industry across the United States continues to increase and in fact, 2016 was the biggest year to date, with the market nearly doubling, topping out at almost 15,000 megawatts of solar panels installed. In this new ranking, Utah climbed to the 6th highest spot for solar states in the U.S., up 10 spots from 2015.
To put that in perspective, the Beehive State’s solar installations increased from 250 megawatts in 2015 to almost 1500 megawatts in 2016. Right now, over 300,000 homes are powered by solar, and solar power equates to 5 percent of the state’s total electricity. Also, the solar industry is creating 4,400 jobs, which is growing and showcases Utahns’ support.
For example, we have companies like Dunford Bakers that installed 3,000 solar panels on the roof of their West Jordan facility. It’s one of Utah’s largest rooftop installations to date, and has created almost 700 megawatt hours of energy, which is equal to 400 tons of carbon emissions or 45,000 gallons of gasoline, enough electricity to sell some back to the power company. They hope to add 50,000 square feet to their facility with plans to put solar panels there.
The Speaking on Business program is now in its twentieth year.
For Zions Bank, I’m Chris Redgrave, speaking on business.