An extension of the solar Investment Tax Credit (ITC) would spark $87 billion in new private sector investment and add 113,000 American jobs over baseline estimates by 2030
According to Wood Mackenzie Power & Renewables, an extension of the solar investment tax credit would result in an additional 82 gigawatts (GW) of solar deployment over the next ten years, which would drive $87 billion in economic investment and create 113,000 U.S. solar jobs.
Our 242,000 workers are the solar industry’s greatest resource.
Join us for a webinar on SEIA’s #DefendTheITC campaign, where you will hear from our Congressional Affairs and Public Relations teams about how you can support SEIA’s priority federal campaign.
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.
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).
On July 17, 2019, SEIA delivered a letter to Congress signed by nearly 1,000 solar companies across the country, urging them to extend the solar Investment Tax Credit (ITC), one of the most successful clean energy policies in history. The text of the letter is below, and you can download a PDF at the link above, which contains the full list of companies that signed on to this critical effort. Dear Members of Congress,