Final Version of Tax Bill Keeps ITC Intact, Allowing for Strong Solar Growth to Continue

WASHINGTON, D.C. – Today, following aggressive advocacy efforts by the Solar Energy Industries Association (SEIA) to ensure the continued growth of the U.S. solar industry, Congress reached an agreement on comprehensive tax reform legislation. Following is a statement from Abigail Ross Hopper, SEIA’s president and CEO:

“After weeks of negotiations, the final tax legislation released today maintains the solar Investment Tax Credits (ITC) for both commercial developers and for homeowners in its current form. This is a great victory for the solar industry and its 260,000 American workers and we commend our bipartisan solar champions in Congress for their diligent efforts to maintain solar’s critical role in America’s economy.

“As an industry, we are pleased that the final version of tax reform legislation protects the Investment Tax Credit, and we look forward to continuing to deliver on our promise of affordable, reliable American energy.”

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About SEIA®:

Celebrating its 43rd anniversary in 2017, the Solar Energy Industries Association® is the national trade association of the U.S. solar energy industry, which now employs more than 260,000 Americans. Through advocacy and education, SEIA® is building a strong solar industry to power America.  SEIA works with its 1,000 member companies to build jobs and diversity, champion the use of cost-competitive solar in America, remove market barriers and educate the public on the benefits of solar energy. Visit SEIA online at www.seia.org.

Media Contact:

Alex Hobson, SEIA Senior Communications Manager, ahobson@seia.org (202) 556-2886