Published on July 10th, 2013 | by Zachary Shahan1
33 Companies, 10 Associations Endorse Electricity Storage Legislation (STORAGE Act)
The Electricity Storage Association proudly joins an impressive list of leading energy companies and trade associations in strong support of the STORAGE Act (H.R. 1465) (S. 1030). The bipartisan bill will create an investment tax credit (ITC) and clean renewable energy bonds (CREBS) eligibility for energy storage technologies of all types.
“The benefits afforded in the STORAGE Act will help level the playing field for storage technologies and will aid in realizing the benefits storage can bring to the reliability, security and efficiency of the nation’s electric grid. We hope members of Congress take this major step forward in modernizing our grid by supporting this legislation,” said Brad Roberts, Executive Director for the ESA.
The associations and companies endorsing the STORAGE Act represent hundreds of thousands of workers, small businesses and contractors from all over the United States. Please see the attached documents for the letters sent to both the Senate and the House of Representatives.
For more information about electricity storage, go to www.electricitystorage.org
Other associations signing the letter of endorsement include: California Energy Storage Alliance, Copper Development Association, National Alliance of Advanced Technology Batteries (NAATBatt), National Hydropower Association, National Electrical Contractors Association (NECA), National Electrical Manufacturers Association, New York Battery and Energy Storage Technology Consortium (NY-BEST), Solar Energy Industries Association, and Texas Energy Storage Alliance.