The Washington Economics Group

WEG New Study: Rooftop Solar Industry Creates $18.3B in Economic Impact for Florida

By: Jim McCool – November 15, 2021

WEG New Study: Rooftop Solar Industry Creates $18.3B in Economic Impact for Florida

The rooftop solar industry supports sustain ed economic development throughout Florida and generates $18.3 billion in economic impact, according to a new study issued today by Conservatives for Clean Energy Florida (CCE). The Washington Economics Group, Inc. (WEG), a Coral Gables, FL economic economic consulting firm, produced the study, Comprehensive Economic Development Impacts of the Rooftop Solar Power Industry on the State of Florida. Among its key findings, the study assessed the economic value of rooftop solar in Florida, determining that the industry provides a combined $3.2 billion in household income for Florida workers and contributes $10.6 billion to the state’s gross domestic product.

“The growth of Florida’s rooftop solar power indus try creates vast, measurable economic impacts that generate high-wage employment for Floridians and make important contributions to household income each year,” said Tony Villamil, the founder and principal advisor of the Washington Economics Group, Inc. “This study makes clear that the industry’s impacts enhance long-lasting economic growth and will benefit Florida’s residents and businesses for years to come.” Read More.

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