Skip to main content

Solar Industry Supports Senate Letter Urging Solar Tax Credit Extension

Wednesday, Jun 19 2019

Share
Press Release

itc extension

WASHINGTON, D.C. - Following is a statement by Abigail Ross Hopper, SEIA president and CEO, on the letter from Senate Democrats to Senate majority and minority leaders and the chair and ranking member of the Senate Finance Committee supporting extension of the solar Investment Tax Credit (ITC):

"The ITC is a common-sense policy that helps every day Americans, whether it’s on a house, within a community, or on a tract of farm land. Until we have comprehensive legislation addressing climate change, the ITC is the strongest policy there is to incent clean energy development. We already know that the ITC has generated hundreds of thousands of jobs and injected more than $140 billion in private investment into the economy.

"The ITC has a record of bipartisan support, and circumstances since 2015, such as trade tariffs and a heightened awareness of climate change, only serve to bolster the case for extending the wildly successful policy. Fully, 81% of American voters believe solar is good for the economy and 73%, including 65% of Republican voters, believe solar can help address climate change.

"We strongly support an ITC extension and respectfully urge Congress to extend the credit."

###

About SEIA®: 

Celebrating its 45th anniversary in 2019, the Solar Energy Industries Association® is the national trade association of the U.S. solar energy industry, which now employs more than 242,000 Americans. Through advocacy and education, SEIA® is building a strong solar industry to power America. SEIA works with its 1,000 member companies to build jobs and diversity, champion the use of cost-competitive solar in America, remove market barriers and educate the public on the benefits of solar energy. Visit SEIA online at www.seia.org.

 

Media Contact: 

Morgan Lyons, SEIA's Senior Communications Manager, mlyons@seia.org (202) 556-2872

Related News

Thursday, Jul 25, 2019

House and Senate Introduce Legislation for 5-Year Extension of the Solar Investment Tax Credit

Senator Catherine Cortez Masto (D-NV) and Representatives Mike Thompson (D-CA), Paul Cook (R-CA), and Brian Fitzpatrick (R-PA) today introduced companion bills with a five-year 30% extension of Section 48 and Section 25D Solar Investment Tax Credits (ITC). The Renewable Energy Extension Act will call for the extension of the tax credits.

Read More
Wednesday, Jul 17, 2019

Nearly 1,000 Solar Companies Rally Behind Proven, Bipartisan Investment Tax Credit

WASHINGTON, D.C. - Nearly 1,000 companies from across the U.S. solar industry supply chain today sent a letter to Congress calling for the extension of the Section 48 and Section 25D solar investment tax credits (ITC).

Read More
Wednesday, Jun 19, 2019

Solar Industry Supports Senate Letter Urging Solar Tax Credit Extension

The ITC is a common-sense policy that helps every day Americans, whether it’s on a house, within a community, or on a tract of farm land. Until we have comprehensive legislation addressing climate change, the ITC is the strongest policy there is to incent clean energy development. We already know that the ITC has generated hundreds of thousands of jobs and injected more than $140 billion in private investment into the economy.

Read More