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).
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.
Over the last few years, experts and thought leaders in the energy field have echoed a popular refrain: solar + storage is the future. New legislation introduced last week in the U.S. Congress could mean that future is closer than we think.