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US President's Budget Extends Support for Solar

Solar Novus Today

President Obama's Fiscal Year (FY) 2013 budget provides for an extension of the Section 1603 Treasury Program. Extension of this worthwhile program will allow taxpayers to reap the significant economic and energy policy benefits associated with the expanded deployment and use of solar energy.

"America's solar industry appreciates President Obama's support for extending the 1603 Treasury Program," said Rhone Resch, President and CEO of the Solar Energy Industries Association (SEIA). "The 1603 program has helped leverage over $24 billion in private sector investment in for a wide range of clean energy projects, and extending the 1603 program will create an additional 37,000 jobs in the American solar industry in this year alone."

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