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.
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).
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.
Solar Industry Urges Gov. Abbott to Extend Tax Abatement Program
AUSTIN, TX and WASHINGTON, D.C.—Today, the solar industry voiced support for the Texas House of Representatives for passing a 10-year extension of Chapter 312, a section of tax code that enables property tax abatements for companies bringing new investment and jobs to Texas. The legislature sent this tax abatement extension that includes renewable energy provisions to Governor Abbott for signature. Following is a statement from Katherine Gensler, vice president of regulatory affairs for the Solar Energy Industries Association:
2019 Tax Preview Webinar
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SEIA: IRS Investment Tax Credit Guidance Will Help Solar Projects Take Off
The Internal Revenue Service (IRS) today released guidance establishing when construction starts for solar projects under tax law, allowing developers to invest with confidence in new solar projects.
Ahead of Tax Day, SEIA Reminds Consumers of Eligible Tax Credits
WASHINGTON, D.C. - With April 15 quickly approaching, the Solar Energy Industries Association (SEIA) is reminding eligible solar consumers to claim the 30 percent Investment Tax Credit (ITC) on their federal tax returns and urging them to take care when seeking professional tax advice. Consumers who purchased a solar system and installed it on their home in 2017 may be able to claim a 30 percent federal income tax credit under Section 25D of the internal revenue code. Commercial entities are eligible to claim a credit under Section 48 of the code.
Greentech Media’s Solar Summit 2018
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New White Paper Reveals How C-PACE Can Expand the C&I Solar Market
WASHINGTON, D.C. – As demand for solar energy surges across America, today the Solar Energy Industries Association (SEIA) and Alta Energy jointly released a white paper highlighting an underutilized financing tool that can help boost commercial and industrial (C&I) solar development nationwide.
SEIA and kWh Analytics Release the Best Practices for Solar Risk Management
WASHINGTON, D.C. - In an effort to simplify the complex world of tax equity and debt investment, the Solar Energy Industries Association (SEIA) and kWh Analytics released today the industry guide on the Best Practices for Solar Risk Management.