Post Tagged with: "ITC"

It’s official: The solar Investment Tax Credit will step down next year as last-ditch extension effort fails

It’s official: The solar Investment Tax Credit will step down next year as last-ditch extension effort fails

December 17, 2019 at 10:38 am 1 comment

In today’s not shocking news: Congress and the White House didn’t agree on including an extension of the solar Investment Tax Credit (ITC) in an end of year tax package. Also eliminated from the package: any tax credits for electric vehicles, stand alone energy storage, and offshore wind. The PTCRead More

House includes solar Investment Tax Credit extension in clean energy tax package

House includes solar Investment Tax Credit extension in clean energy tax package

November 19, 2019 at 4:53 pm 0 comments

Today the House Ways and Means Committee released a comprehensive clean energy tax package that includes a five-year extension of the 30% solar Investment Tax Credit (ITC) and new incentives for energy storage. Following is a statement from Abigail Ross Hopper, president and CEO of the Solar Energy Industries AssociationRead More

Tax credit support: 166 members of Congress, 70 associations call for solar ITC extension

Tax credit support: 166 members of Congress, 70 associations call for solar ITC extension

October 30, 2019 at 12:57 pm Comments are Disabled

In a letter delivered today to Speaker Nancy Pelosi and House Majority Leader Steny Hoyer, 166 Members of Congress, representing more than 70% of the House Democratic Caucus, urged the inclusion of critical clean energy tax incentives, including an extension of the 30 percent solar ITC and inclusion of anRead More

Bill introduced to add energy storage to Investment Tax Credit amid Democrat push to extend ITC timeline

Bill introduced to add energy storage to Investment Tax Credit amid Democrat push to extend ITC timeline

April 8, 2019 at 12:58 pm 1 comment

Legislation was filed by Rep. Mike Doyle (D-PA) to modify the tax code to include energy storage as an eligible technology for the investment tax credit (ITC). Other original cosponsors of the bill include Rep. Linda Sanchez (D-CA) and Rep. Earl Blumenauer (D-OR), who both serve on the House WaysRead More

Solar Marketplace Report shows the power of one ITC and the weakness of another

Solar Marketplace Report shows the power of one ITC and the weakness of another

April 8, 2019 at 10:53 am Comments are Disabled

The semiannual Solar Marketplace Intel Report from EnergySage shows that solar system costs continue to fall, despite the Trump tariffs, which so far, have not even produced more domestic module procurement. Here are four takeaways from this latest report, which is based on millions of transaction-level data points generated withinRead More

Solar trade case update: Here’s a report the ITC sent explaining how ‘unforeseen’ the PV import problem was

Solar trade case update: Here’s a report the ITC sent explaining how ‘unforeseen’ the PV import problem was

January 8, 2018 at 1:48 pm Comments are Disabled

The final outcome of the Suniva/SolarWorld  trade case still hangs over the solar industry as Trump has until Jan. 26 to make the final decision on a remedy, following the International Trade Commission’s injury ruling way back in September. It was our assumption at that time that this was just aRead More

Exhale: The Investment Tax Credit remains in the latest tax reform bill

Exhale: The Investment Tax Credit remains in the latest tax reform bill

December 18, 2017 at 10:59 am Comments are Disabled

The final version of Congress’ tax reform legislation was revealed and left the coveted Investment Tax Credit (ITC) alone, SEIA reports. “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,” saidRead More

Solar trade case update: Overview of ITC remedies and reactions from solar executives

Solar trade case update: Overview of ITC remedies and reactions from solar executives

November 6, 2017 at 1:14 pm Comments are Disabled

The International Trade Commission made its remedy recommendations in the Suniva/SolarWorld Section 201 trade petition case known to the world last week, which included a mix of tariffs and quotas, but nothing near the levels the petitioners were seeking. Those recommendations will be sent to Donald Trump by Nov. 13,Read More

Political solar news roundup: Utah net metering fight, ITC case stalls Minn. PV plant, SEIA adds to board

Political solar news roundup: Utah net metering fight, ITC case stalls Minn. PV plant, SEIA adds to board

August 7, 2017 at 9:32 am Comments are Disabled

Utah rooftop solar installs in standstill The Utah rooftop solar rate debate is reaching its peak, and thus creating uncertainty in the local market. Last November, Rocky Mountain Power proposed charging solar rooftop customers installation fees and nearly triple monthly customer charges and peak-time usage, which the solar industry and solarRead More

Solar industry would lose 88,000 jobs if Suniva’s trade protections are imposed

Solar industry would lose 88,000 jobs if Suniva’s trade protections are imposed

June 15, 2017 at 12:03 pm Comments are Disabled

The Solar Energy Industries Association (SEIA), the national trade association for the solar industry, is estimating that the American workforce would lose 88,000 jobs, about one-third of the current U.S. solar workforce, if Suniva gets the trade protections proposed in its petition with the U.S. International Trade Commission (ITC). This spring,Read More