SEIA Supports Coalition’s Efforts to Pass ‘Commence Construction’
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:
SEIA Comments in Response to IRS REIT NOPR
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
SEIA and NYSEIA Applaud NY Property Tax Extender
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.
SEIA Comments Re Chairman Baucus' Energy and Cost Recovery Discussion Drafts
SEIA filed comments in response to Senate Finance Committee Chairman Baucus’ Energy and Cost Recovery Staff Discussion Drafts. The comments highlight SEIA’s concerns with the proposals’ replacement of MACRS, reduction of the ITC to 20%, expiration of Section 25D residential credit and the exclusion of Solar Heating and Cooling from the ITC. FINAL SEIA Comments Re Tax Reform Discussion Drafts - 1 17 14.pdf
SEIA Expresses Concerns About Newly-Released Senate Tax Plan
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:
SEIA Leadership Urges Industry to Unite in Face of Challenges
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.
Senate Finance Committee Staff Infrastructure, Energy and Natural Resources Tax Reform Options Paper
On April 25, 2013, the Senate Finance Committee Staff released the Infrastructure, Energy and Natural Resources Option Paper. The options laid out in the paper were briefly discussed in a closed-door Finance Committee meeting today. The Paper does not provide any recommendations, but instead lists various options for reforming the existing tax code, including eliminating, replacing and modifying tax expenditures like the ITC and accelerated depreciation. Another option is to establish a carbon tax.
Comments to House Ways and Means Committee Working Group on Energy Tax Reform
On April 15, 2013, SEIA submitted comments to the House Ways and Means Committee's Energy Tax Reform Working Group. The comments review the success of the 30-percent Investment Tax Credit in supporting the deployment of solar energy in the United States.