On April 15, 2013, SEIA submitted comments to the House Ways and Means Committee's Energy Tax Reform Working Group.
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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.
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.