Topics - Finance & Tax

Softer Solar Landings: Options to Avoid the Investment Tax Credit Cliff

Federal tax policies have been an important driver for solar’s recent remarkable growth, but without action during the 114th Congress, the 30-percent investment tax credit (ITC) for solar and other clean energy technologies will expire at the end of 2016. This policy brief estimates the impacts that current law would have on the solar industry.

SEIA: New Report Offers ‘Distorted View’ of Solar ITC

A new study released today by the Stanford Graduate School of Business predicts that the U.S. solar industry is “headed for a cliff” if the solar Investment Tax Credit (ITC) is not extended. Even though the report touts the solar industry’s “dramatic growth,” it called for a phase down of the ITC without any examination of the current and past tax treatments of established energy sources. Rhone Resch, president and CEO of the Solar Energy Industries Association (SEIA), called that omission a “fatal flaw” which ignores how Congress has used the U.S. Tax Code over the past century to encourage the increased production of oil, gas, coal and even nuclear power, making it difficult for solar and other renewable energy sources to compete in the marketplace without incentives.

Softer Solar Landings: Options to Avoid the Investment Tax Credit Cliff

This policy brief estimates the impacts that current law would have on the solar industry. It also formulates several policy alternatives and estimates their effectiveness at mitigating the negative impacts of the investment tax credit cliff embedded within current law.

SEIA Comments Re Tax Reform Discussion Groups

On April 15, 2015 SEIA filed comments with the Individual, Business, and Community Development & Infrastructure Tax Reform Working Groups of the Senate Finance Committee.

Industry-backed Best Practices Guides Aim to Lower Financing Costs for Solar Energy Systems

SEIA Applauds Efforts by New York Leaders to Clarify Law

New York Gov. Andrew Cuomo today signed into law the state’s 2015-2016 fiscal year budget, which includes a sales tax exemption on electricity generated and sold from customer-sited solar systems.

New Jobs Report Shows Value of Solar Energy to U.S. Economy

WASHINGTON, DC - Growing at an annual rate of more than 20 percent – far outpacing the growth of the overall U.S. economy, a new report released today shows that the U.S. solar industry added more than 31,000 jobs in 2014, bringing total employment in the sector to 173,807 workers.  The results were released by The Solar Foundation (TSF), a widely-respected, non-profit organization.

U.S. Solar Installations Soar In Q3; Total Capacity Hits 17.5 GW

This post also appeared on Renewable Energy World. Click here to viewAny way you look at it, the sun continues to shine brightly on America’s solar energy industry.

Proposed REIT Regulation Language

SEIA filed regulatory language with the IRS and Treasury to update the definition of real property to include solar energy property.

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.