Schumer to Seek Change in Solar Tax Credit in SolarCity Visit

U.S. Sen. Charles E. Schumer on Wednesday plans to visit the SolarCity factory now under construction in South Buffalo to call for a change in federal regulations that would let homeowners and businesses take advantage of the solar tax credit sooner.

The New York Democrat said the current rules act as a disincentive for solar companies and customers because they aren’t guaranteed a tax credit until a project is “placed in service,” or completed.

Schumer said he is proposing legislation that would allow the solar tax credit to follow the same rules as a wind energy tax credit, which kicks in soon after construction begins on a wind project.