Today Governor Deval Patrick signed into law the 2012 Energy Act. Among other provisions, this comprehensive energy bill raises the cap on an important solar program called “net metering.” Most solar electric installations are connected to the grid and feed excess power produced to other utility customers; net metering rules gives customers credit for extra power they generate.
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WASHINGTON - Today, the U.S. House Committee on Energy and Commerce approved H.R. 6213, the No More Solyndras Act, by a vote of 29-19. Rhone Resch, President and CEO of the Solar Energy Industries Association® (SEIA®), issued the following statement on the legislation:
New Jersey Governor Chris Christie (R) today signed legislation into law that allows the state's solar energy market to continue growing and creating good jobs in N.J. over the next several years. The legislation, S1925/A2966, addresses the current imbalance of Solar Renewable Energy Credits (SRECs), which created uncertainty in the market for project developers and end users.
"The entire solar energy industry would like to thank Senators Cantwell and Ensign for their leadership and support of renewable energy.
"By an overwhelming margin, Republicans and Democrats came together in the Senate to support renewable energy as a means for stimulating our ailing economy. More than 85 percent of the public supports greater investment by the federal government in renewable energy. And Americans know that this move to stabilize the investment climate for solar energy is the right type of economic stimulus at the right time.
Solar Energy Industries Association president Rhone Resch released the following statement after the Senate voted on bipartisan legislation to extend federal solar tax credits by 8 years. The amendment to H.R. 6049, the Energy Improvement and Extension Act of 2008, to extend renewable energy tax credits passed by a vote of 93 to 2. SEIA expects the Senate will complete votes on other amendments and pass H.R. 6049 later today.
Solar Energy Industries Association Names Senator Gordon Smith as 2008 National Solar Energy Champion of the Year
(Washington, DC) – The Solar Energy Industries Association (SEIA) today announced that U.S. Senator Gordon Smith (R-OR) is the Republican winner of its 2008 National Solar Energy Champion Award, citing his strong support and leadership on solar energy-related issues in the U.S. Congress.
Federal Solar Tax Credits Extended for 8 Years, US Poised to Become Largest Solar Market in the World
Today, by a vote of 263 to 171, the U.S. House of Representatives passed historic legislation that extends the 30-percent federal investment tax credit for both residential and commercial solar installations for 8 years.
Solar Energy Industries Association Names Senator Maria Cantwell 2008 National Solar Energy Champion of the Year
The Solar Energy Industries Association (SEIA) today announced that U.S. Senator Maria Cantwell (D-WA) is the Democratic winner of its 2008 National Solar Energy Champion Award, citing her strong support and leadership on solar energy issues in the U.S. Senate. Senator Cantwell played a leading role in forging the bipartisan compromise that extended the solar investment tax credit (ITC), set to expire at the end of this year, for another eight years.
The Solar Energy Industries Association (SEIA) today outlined the key policies that President-elect Obama and the Congressional leadership must address to expand the use of solar energy and help put over 1 million Americans back to work by 2011.
Solar Leaders Applaud New PV Cost Study that Shows Government Policies Reduce Installed Costs, Expand U.S. Solar Market
Today researchers at Lawrence Berkeley National Lab released “Tracking the Sun II: The Installed Cost of Photovoltaics in the U.S. from 1998–2008.” The new report found that the average cost of going solar in the U.S. declined by more than 30 percent from 1998 to 2008, a trend that can be largely attributed to the success of market-building policies at the state and local level. Findings also show that, after a three-year plateau, costs decreased by 3.6 percent from 2007 to 2008, marking a pivotal year for the American solar industry.