Some of the smartest, most successful companies and organizations in the world are deploying solar — including Apple, Berkshire Hathaway, FedEx, GE, GM, Google, IKEA, Macy’s, Target, Walmart, and the U.S. military.
So, why is the Missouri General Assembly dismantling incentives to bring more solar investment to the state?
Across the nation, the solar industry is creating jobs, building a more resilient power grid and tackling climate change head-on. By nearly all measures, the solar energy industry has been one of the fastest growing industries over the last five years and 2012 set records for new solar installations, despite a slow economic recovery.
And yet, Missouri’s legislators are considering a bill that would stall renewable energy development by allowing the renewable energy standard to be met by existing hydro power. Tell them this makes no sense.
The best way to encourage companies to invest and create jobs in our state is to give them certainty about policies.
This bill signals to the business and investment community that the rules are changing and their investments are no longer welcome here.
In 2012 alone, $32 million was invested in Missouri to install solar on homes and businesses. There are 64 solar businesses creating investments and jobs in the state. This bill would cripple that momentum.
So why are your representatives moving backwards? Because there is a lot of money and power invested in keeping the status quo.