investment tax credit

Big Banks Inflate Solar Project Value to Boost Tax Credits

14 years ago John Farrell 0 Comments

Solar leasing has offered thousands of homeowners a “no money down” route to go solar, broadening participation in the distributed generation revolution. Unfortunately, this revolution has been co-opted by high finance. Big banks have been able to write off millions in taxes by over-reporting the cost of financed solar PV projects in what may be the country’s next banking scandal.

PG&E to Buy and Run a 246 MW Wind Farm

16 years ago susan 3 Comments

Utilities got a boost last year, when the new investment tax credits from the federal government were extended to allow public utilities to qualify for the full credit, to help utilities invest in renewable power. Since utilities must get more renewable power onto the grid (in all of the states … [continued]