Topics - Finance & Tax
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2019 Solar ITC Impact Analysis
According to Wood Mackenzie Power & Renewables, an extension of the solar investment tax credit would result in an additional 82 gigawatts (GW) of solar deployment over the next ten years, which would drive $87 billion in economic investment and create 113,000 U.S. solar jobs.
The Solar+ Decade: Roadmap for Building the Solar+ Economy
This roadmap offers a vision for the radical transformation of the nation’s energy system. It articulates where the solar industry stands today, sets the industry’s goal for the next decade and outlines the steps we must take to get there. The roadmap explains how the solar industry will expand exponentially from comprising 2.4% of the U.S. electricity mix today to 30% of all U.S. electricity generation by 2030.
Solar Market Insight Report 2019 Q3
This quarterly report shows the major market trends in the U.S. solar industry. Get the latest solar data through Q2 2019
The Best Thing We Can Do for Solar Workers This Labor Day: Extend the ITC
Our 242,000 workers are the solar industry’s greatest resource.
House and Senate Introduce Legislation for 5-Year Extension of the Solar Investment Tax Credit
Senator Catherine Cortez Masto (D-NV) and Representatives Mike Thompson (D-CA), Paul Cook (R-CA), and Brian Fitzpatrick (R-PA) today introduced companion bills with a five-year 30% extension of Section 48 and Section 25D Solar Investment Tax Credits (ITC). The Renewable Energy Extension Act will call for the extension of the tax credits.
Nearly 1,000 Solar Companies Rally Behind Proven, Bipartisan Investment Tax Credit
WASHINGTON, D.C. - Nearly 1,000 companies from across the U.S. solar industry supply chain today sent a letter to Congress calling for the extension of the Section 48 and Section 25D solar investment tax credits (ITC).
Solar Industry Letter to Congress: Extend the ITC
On July 17, 2019, SEIA delivered a letter to Congress signed by nearly 1,000 solar companies across the country, urging them to extend the solar Investment Tax Credit (ITC), one of the most successful clean energy policies in history. The text of the letter is below, and you can download a PDF at the link above, which contains the full list of companies that signed on to this critical effort. Dear Members of Congress,
Solar Industry Supports Senate Letter Urging Solar Tax Credit Extension
The ITC is a common-sense policy that helps every day Americans, whether it’s on a house, within a community, or on a tract of farm land. Until we have comprehensive legislation addressing climate change, the ITC is the strongest policy there is to incent clean energy development. We already know that the ITC has generated hundreds of thousands of jobs and injected more than $140 billion in private investment into the economy.
Solar Market Insight Report 2019 Q2
This quarterly report shows the major market trends in the U.S. solar industry. Get the latest solar data through Q1 2019
Solar ITC 101
The solar Investment Tax Credit (ITC) is one of the most important federal policy mechanisms to support the growth of solar energy in the United States. Since the ITC was enacted in 2006, the U.S. solar industry has grown by more than 10,000% - creating hundreds of thousands of jobs and investing billions of dollars in the U.S. economy in the process. In 2020, SEIA successfully advocated for a two-year delay of the credit, phasedown which has provided critical stability for businesses enduring the economic effects of the COVID-19 crisis.