According to a recent report by the IC2 Institute at the University of Texas at Austin, increased used of solar power could bring 123,000 new jobs to Texas during the next few decades.
Further, the creation of a vibrant solar power industry could stimulate the state's economy, reduce the cost of power for consumers and minimize greenhouse gas emissions, the university says. While Texas consumed more energy than any other state and has the best overall climate for producing solar energy year-round, it ranked No. 8 in solar adoption in 2006.
Joel Serface, director of the Clean Energy Incubator at the University of Texas at Austin and a contributor to the report, adds that a recent University of California-Berkeley study found the solar industry produces seven to 11 times as many jobs on a MW capacity basis as coal-fired power plants – and has a larger positive trickle-down effect than wind energy.