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.
WASHINGTON, D.C. - With Congress scheduled to vote on the tax bill later this week, the Solar Energy Industries Association (SEIA) released the following statement from president and CEO, Abigail Ross Hopper:
WASHINGTON, D.C. - Today, following aggressive advocacy efforts by the Solar Energy Industries Association (SEIA) to ensure the continued growth of the U.S. solar industry, Congress reached an agreement on comprehensive tax reform legislation. Following is a statement from Abigail Ross Hopper, SEIA’s president and CEO:
Statement by House Majority Leader Rodrigues, SEIA and Vote Solar Following Passage of HB 1351 in Legislative Committee Today
TALLAHASSEE, Fla. - House Bill 1351 unanimously passed the House Commerce committee today. House Majority Leader Ray Rodrigues, Tom Kimbis with the Solar Energy Industries Association (SEIA) and Scott Thomasson with Vote Solar issue the following statements in response to legislative activity in Florida.
Often referred to as the "premier tax manual for the solar industry," those interested in solar tax and finance issues now have an entirely new edition at their disposal. For the first time in three years, the Solar Energy Industries Association (SEIA) has released an updated Guide to Federal Tax Incentives for Solar Energy.
WASHINGTON, DC - Calling it an issue of tax fairness, as well as a matter of importance to the U.S. economy, the Solar Energy Industries Association (SEIA) today offered its support to efforts by a broad coalition of fuel cell, microturbine and combined heat and power companies, as well as many leading business organizations, to include a “commence construction” provision in Section 48 of the U.S.
How Much Do Local Regulations Matter? Exploring the Impact of Permitting and Local Regulatory Processes on PV Prices in the United States
While PV modules and other hardware costs have dropped significantly over recent years, non-hardware soft costs have also fallen, but not nearly as sharply. This research report, authored by experts from Yale University, Lawrence Berkley National Laboratory, University of Texas at Austin and the US Department of Energy, focuses on the impacts of city-level permitting and other regulatory processes on residential PV prices in the US. Key Findings:
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). SEIA praised the IRS for taking steps to make REITs accessible to the solar industry but also suggested ways to improve REIT regulations.FINAL SEIA REIT NOPR Comments - 8 11 14.pdf