On August 12, 2014, SEIA filed comments in response to the IRS Notice of Proposed Rulemaking regarding the definition of real property for the purposes of real estate investment trusts (REITs).
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Saying it will help consumers and support continued investment in residential and commercial solar, the Solar Energy Industries Association (SEIA) and the New York Solar Energy Industries Association (NYSEIA) today commended the New York State legislature for passing a property tax exemption extension. The bill, which will now be sent to Gov. Cuomo for signature, extends the property tax exemption for distributed generation systems on homes and businesses until 2025.
WASHINGTON, D.C. – After reviewing a draft tax plan released today by Senate Finance Committee Chairman Max Baucus, Rhone Resch, president and CEO of the Solar Energy Industries Association (SEIA), released the following statement:
CHICAGO, IL -- Speaking at the opening session of Solar Power International 2013 -- the largest solar trade show in America -- Rhone Resch, president and CEO of the Solar Energy Industries Association delivered the following remarks:
Good afternoon everyone. Welcome to Chicago. Welcome to SPI 2013. And welcome to the Big Leagues.
On April 15, 2013, SEIA submitted comments to the House Ways and Means Committee's Energy Tax Reform Working Group.
The tremendous success of the ITC for solar energy projects exemplifies the importance of stable policy for the private sector and reveals a high return on public investment in solar energy in terms of economic benefits, domestic job creation, energy security and lower costs for consumers.
May 27, 2014
WASHINGTON – New York Governor Andrew Cuomo today approved legislation allowing solar energy to continue its rapid growth in the state. The package of bills, all related to tax exemption of solar projects in New York, is likely to have a positive impact on the total amount of electricity derived from renewables in the state. The Solar Energy Industries Association ® (SEIA ®) applauded the new laws, which will keep New York’s impressive solar growth on track to achieve its renewable energy goals in the NYSun Program.
An overview of issues pertaining to the determination of tax basis for the ITC and the Section 1603 Treasury Program.