Resources

Federal tax policies have been an important driver for solar’s recent remarkable growth, but without action during the 114th Congress, the 30-percent investment tax credit (ITC) for solar and other clean energy technologies will expire at the end of 2016. This policy brief estimates the impacts that current law would have on the solar industry.

Mississippi Power is partnering with Hannah Solar, LLC, and the U.S. Navy to build solar systems at two different locations in the company’s service territory. The U.S. Navy intends to fulfill the Secretary of the Navy's goal to produce one gigawatt of renewable energy.

Analysis from the Energy Department's National Renewable Energy Laboratory (NREL) finds that by making shared solar programs available to households and businesses that currently cannot host on-site photovoltaic (PV) systems shared solar could represent 32 to 49 percent of the distributed photovoltaic market in 2020.

Since the passage of ITC in 2006, yearly solar installations have increased, over 150,000 solar jobs were created, more homes have invested in solar, solar installation prices have decreased significantly, and much more.

On Monday, June 15, 2015, SEIA submitted comments to the Senate Finance Committee concerning the solar Investment Tax Credit (ITC) and the Modified Accelerated Cost Recovery System (MACRS) as it pertains to solar industry deployment.

This policy brief estimates the impacts that current law would have on the solar industry. It also formulates several policy alternatives and estimates their effectiveness at mitigating the negative impacts of the investment tax credit cliff embedded within current law.