In an effort to expand awareness of the importance of diversity in the workplace – as well as solar energy’s growing contributions to the economy and environment – the Solar Energy Industries Association (SEIA) has become one of the first national trade associations to feature a Spanish-language section on its website.
Investment Tax Credit (ITC)
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Saying it will provide a big boost to the U.S. economy, while also helping to fight pollution and climate change, the Solar Energy Industries Association (SEIA) announced its support today for legislation by Rep. Mike Thompson (CA-5) to extend the Investment Tax Credit (ITC) for both residential and commercial solar installations.
Calling it important to America’s energy future, the Solar Energy Industries Association (SEIA) announced its strong support today for legislation to create a national Renewable Electricity Standard (RES). Introduced by U.S. Senators Tom Udall (D-N.M.), Edward Markey (D-Mass.), Martin Heinrich (D-N.M.), Michael Bennet (D-Colo.), Jeff Merkley (D-Ore.), Sheldon Whitehouse (D-R.I.) and Mazie K. Hirono (D-Hawaii), the bill will help to create thousands of new American jobs, save consumers and businesses money and reduce pollution by requiring utilities to generate 30 percent of their electricity from renewable energy sources by 2030
Federal tax policies have been an important driver for solar’s recent remarkable growth
A new study released today by the Stanford Graduate School of Business predicts that the U.S. solar industry is “headed for a cliff” if the solar Investment Tax Credit (ITC) is not extended. Even though the report touts the solar industry’s “dramatic growth,” it called for a phase down of the ITC without any examination of the current and past tax treatments of established energy sources. Rhone Resch, president and CEO of the Solar Energy Industries Association (SEIA), called that omission a “fatal flaw” which ignores how Congress has used the U.S. Tax Code over the past century to encourage the increased production of oil, gas, coal and even nuclear power, making it difficult for solar and other renewable energy sources to compete in the marketplace without incentives.
From the report summary:
WASHINTON, DC - Powered by a rapidly-growing residential market, Louisiana became a Top 20 solar state for the first time last year, according to the recently-released U.S. Solar Market Insight 2014 Year in Review. It was the fifth straight year that Louisiana showed strong growth in solar installations.
From the press release:
from the Executive Summary:
Mark Twain said it best, there are “lies, damned lies and statistics.” It’s hard to tell which is which after closely reviewing the latest hatchet job on solar energy by the Koch brothers’ front group, The Taxpayers Protection Alliance (TPA).