According to a study conducted in 2009 by Booz Allen Hamilton, green construction will skyrocket over the next five years and continue to grow through 2030. Their report projects green construction will provide $396 billion in labor earnings and support or create over 7.9 million jobs from 2009 to 2013.
A separate study by the American Solar Energy Society projects that in just one state, Colorado, renewable energy jobs for electricians/electrical contractors will grow approximately 900% by 2030. And what about the opportunities in other states who are also embracing renewable energy? What does this mean for today’s electrical contractors?
A 2010 article on The Construction Blog suggests that “To take advantage of upcoming opportunities, electricians will need to “green” their skill-set and re-brand themselves.” How many electrical contractors have truly embraced this opportunity? How many electrical contractors are already working on solar power, or wind energy, or hydroelectric facility projects? We would like to suggest that electrical contractors read “The Coming Renaissance of Electrical Contracting” and then develop a business plan for the renewable energy market. AND as part of that plan, we hope they will consider working with our sister company Remke Energy to supply the electrical products needed on the job.
What do you think of the renewable energy market opportunity? We look forward to reading your comments – and thanks for stopping by EVERYTHING’S CONNECTED.
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