Solar and Storage Industry Statement on Final Rules for Technology-Neutral Energy Tax Credits

Credit to Author: Press Release| Date: Wed, 08 Jan 2025 04:44:46 +0000

Today the U.S. Department of the Treasury released final rules for the Section 48E technology-neutral energy Investment Tax Credit (ITC). Following is a statement from Abigail Ross Hopper, president and CEO of the Solar Energy Industries Association (SEIA): “The United States must adopt an all-of-the-above energy strategy to meet surging demand … [continued]

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New Report Establishes Baseline for Clean Energy Deployment in Energy Communities

Credit to Author: Cynthia Shahan| Date: Fri, 13 Dec 2024 23:17:57 +0000

For the first time, the Inflation Reduction Act of 2022 included place-based federal tax incentives for projects located in “Energy Communities,” which might alter the economic equation of where projects should be located. Storage projects may be eligible for a 10-point increase in the Investment Tax Credit (e.g., from 30% … [continued]

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