Published on July 11th, 2012 | by Zachary Shahan0
1603 Solar Treasury Program Up for Debate (Take Action Now!)
Things are at a crucial juncture in the effort to extend the highly successful Section 1603 Treasury Program.
Within the next few days, the Senate Finance Committee will begin crafting legislation to extend a host of expired tax incentives. If the Finance Committee moves forward with this effort, it is imperative that an extension of the 1603 program is included in the bill.
The 1603 Program has been a resounding success. Since the program was initiated in 2009, it has supported over 33,000 domestic solar projects and leveraged $5.44 billion in private sector investment for projects in 49 states.
Despite the obvious success of the 1603 Program, we are in the midst of a contentious election year, and we simply cannot assume that it will be extended. It is critical that you contact your Senator who serves on the Finance Committee with the simple message that they should extend this highly effective, common sense program.
The voice of concerned constituents plays a powerful role in our democratic process, and I hope I can count on you to reach out to your Senator who serves on the Finance Committee. Click here to contact your Senator.
Thanks in advance for your help,
With Best Regards,
B. Manning Feraci
Vice President, Legislative Affairs
Solar Energy Industries Association