San Antonio now holds fifth place in the U.S. for solar energy capacity, according to an annual report by the Environment Texas Research & Policy Center. “Despite the current slowdown in solar development due to COVID-19, the remarkable progress of the past year is worth highlighting,” says Luke Metzger, Executive Director of Environment Texas Research & Policy Center.
Despite the Lone Star State continuing to reopen, electricity use has decreased. According to ERCOT, Texans consumed three to four percent less energy than expected based on coronavirus-related predictions.
The decline in U.S. oil prices could lead to a loss of more than $24 billion in Texas alone. Experts say if oil prices continue to hover around $30, Texas’ GDP will suffer.