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SEIA: Behind the Solyndra Headlines

Posted on: September 21, 2011

Solar in America: Strong and Getting Stronger More than 100,000 Americans work in the solar industry, double the number since 2009.  They work at more than 5,000  companies, the vast majority being small businesses, in every state.

In the last year, solar grew by 69 percent, making it one of the fastest growing sectors in the economy.  Since the start of 2010, the price of solar panels dropped by 30 percent.

The U.S. was a net exporter of solar products in 2010 by $2 billion, even to China.

Solar power in the U.S. now exceeds 3,100 megawatts, enough to power more than 630,000 American homes.

Solyndra in Perspective The Solyndra bankruptcy is not indicative of the health of the U.S. solar industry and, as with any competitive and dynamic market, some companies will prosper and others will fail.

Despite support from the federal government, Solyndra failed due to an unsustainable business model, as the company faced pressure from cheaper solar panels and simply could not compete in a high-tech, dynamic market.

Competition in the solar industry is good for American consumers.  It drives down costs, making solar affordable for more and more Americans every day.

The Loan Guarantee Program Throughout our history, every energy resource in America has enjoyed federal support including oil, nuclear, natural gas, coal and, just recently, renewables.

Despite the Solyndra bankruptcy, the Department of Energy Loan Guarantee Program helps make solar power cheaper and more affordable for businesses and homeowners.  Each program dollar leverages $13 in private investment.

As of September 16, 2011, DOE has made commitments to 42 energy projects, sparking private investment of more than $40 billion that will create tens of thousands of jobs nationwide.

What the Future Holds The U.S. is projected to become the world’s largest solar market by 2014.Solar is already the fastest growing energy sector in the U.S. and by 2014 it will likely be the largest source of new electric capacity in America.

In 2010 and 2011 alone, 27 new U.S. solar manufacturing facilities have begun or will begin operations across America, including in Arizona, Ohio, Michigan, Mississippi, Pennsylvania and Tennessee.

 

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  • Ralph Smithtown

    We are extremely happy with our experience with Energy By Choice. The entire process went smoothly. No pressure sales. Went over all the options. Great customer service. Great installation. Couldn’t be happier!

  • Richard Huntington

    I looked at 7 different companies, Energy By Choice was the only one who didn’t shove a contract down your throat. They are local, you are a client not an account number. You meet the owner, he comes to your house. When you call with a question they know who you are. They took care of everything in a timely manner. I highly recommend Energy By Choice.

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    Great Installation, Great Company, Great People. This is the first time I’ve ever dealt with a contractor and the estimate was exactly the same as the proposal !!!. No out of pocket expense. By the way I interviewed 8 companies. Energy by Choice was a pleasure to deal with. No buying pressure. My solar has been installed for 16 months. My electric bill was $350 a month. My connection charges average $12 a month. I’m saving $338 a month!

  • Mike Bethpage

    Very professional. Got They helped set up the financing, the permits and gave me the system that I wanted. After all the incentives I paid $16,000, but my bill is still over $100 cheaper than my budget payment. They also follow up with suggestions on how to get the most from your system. Sail’s the best.

  • Ralph Lindenhurst

    We are extremely happy with our experience so far with Energy By Choice & Sun Power. From the sales dept. to the installation, everything went very well. Steve, Kelly, Sail & Evelyn as well as the install crew are all very knowledgeable and professional. Thank you for getting us “green” & for enabling us in the near future to tell PSE & G to take their highest energy rates in the country & stick it where the “Sun don’t shine”.

  • Louise Melville

    I was looking for a company to install solar that operates from integrity and honesty.
    From the day I made my commitment, Energy by Choice took care of me from start to finish. Any questions I had were always promptly answered, before during and after the installation. The best thing about the company is that they keep their word and could be trusted. I was lucky to have found them. I would recommend them to my friends, relatives and colleagues. Thank you Bruce, Sail, Kelly, Stephen, Jorge and Matt for a job well done. I love my solar.

  • Laura Huntington

    Sail thank you so much for addressing my concerns so promptly and so completely. I have to tell you that the more my husband and I deal with your company, the more confident we are that we made the right decision in choosing you as our solar company and look forward to working with you.

  • Judy Mineola

    Helpful, honest; enjoyed the experience of the office personnel, (no pressure) from initial phone inquiry to certificate of completion. Getting better than half the cost returned from the State & Federal Gov. helped even more.
    My spouse, who’s been in construction and more than handy, states that, “I watched the whole installation and even though I had asked a “thousand” questions the crew was more than courteous and professional!” (He even got up on the roof to watch). Only thing left is to reap the rewards of the investment of our home & future. I would recommend Energy By Choice as a preference over the other companies who tried to push & sell their products to us.

  • Howard Commack

    Great company. Great installation. Exactly as promised. Sail, Steve and their team worked cleanly and efficiently. Would definitely recommend Energy By Choice for all your Solar needs.

  • Gil Lido Beach

    From Start to Finish and post installation Sail and his staff especially the crew that did the installation were off the charts GREAT!!! If you’re going solar you should for sure give Energy By Choice a chance to meet your needs.

  • Gene Brentwood

    Very glad I chose Energy By Choice as the people to install my solar system, every thing went smoothly and thanks to their system 3/4 of my electric for the first year is being supplied by the sun. And their monitoring of the system works like a charm. Would recommend them to anyone!

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    Awesome-Producing more than what was estimated-SWEET!

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    I couldn’t be more pleased with my experience with Energy By Choice. Sail and his entire staff are professional and compassionate about what they do. They want their customer to be well informed and happy from start to finish…Give them a call…You will NOT be disappointed!

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    Probably one of the most helpful, honest, experienced and knowledgeable companies I have dealt with. They made entire process very easy.

  • Don Port Jefferson

    I was particularly impressed by your UNwillingness to fill the roof with as many panels as could fit. Actually, it was not so much your unwillingness, but your reasoning that made the difference: poorly functioning panels reduce the efficiency of the others!

  • Mike Long Beach

    Sail designed and installed the right system for our home. His crew was eager to be part of the amazing ‘revolution’. As I wake each morning and look to the sky I see the world in a new way, a hopeful way. Even on cloudy days we make electricity.

  • Jerry Baiting Hollow

    From the start your approach was professional, and every step of the way you clearly and accurately represented the parameters of the project. The only surprises that we had were positive ones: the neatness of the work was exceptional and the effect of the solar cells on our electric bill exceeded our expectations.

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