Reunion, a leading clean energy finance company, today announced that it has collaborated with Summit Ridge Energy, the leading commercial solar company in the United States, to sell approximately $40 million of transferable tax credits from a portfolio of community solar projects in Virginia. The purchaser of these tax credits is a privately … [continued]
Scientists expect that summer 2024 will bring some of the hottest temperatures on record. The higher temperatures mean greater demand for electricity and that often leads to higher prices for families. Luckily, the growth of solar power and battery storage is helping to protect customers and stabilize the grid when temperatures … [continued]
The US Treasury Department has just issued new rules regarding tax credits for solar power installations in the US. Not everyone is happy.
Tesla has juggled its prices once again, lowering the price of the Model 3 RWD by $1,000 and the Model Y by $2,000. It has also added a RWD version of the Model Y for North America.
Check out the Homeowner’s Guide to learn more, and remember to file by April 18!
Originally published on RMI.org By Heather Clark, Mark Kresowik & Darien Crimmin There is much talk about the urgency of climate change and how federal policy is currently being crafted to address it. However, there remains a critical need for targeted tax credits for zero-carbon buildings and retrofits. Buildings are the largest single contributor of global greenhouse gas (GHG) … [continued]
Last year and for several years prior, a US taxpayer who installed a solar power system on their roof could get a 30% tax credit on the cost of that system. In 2020, that tax credit was reduced to 26%, and it will drop to 22% next year.
How will a Biden presidency benefit Tesla?
Ringing in 2020 brought many changes to the US solar industry, including a drop in the US federal incentive for residential solar systems. The tax credit fell from 30 percent of the solar system cost to 26 percent effective January 1st, 2020. This first step-down in the tax credit is a small piece of recognition for just how much the financials for solar have improved over the last 10 years.
Our latest episode of Cleantech Talk tackled the huge 5-year extension of the solar and wind energy tax credits, Tesla Model X deliveries, and Faraday Future. As always, you can listen and subscribe to our podcasts on iTunes or SoundCloud, or you can just listen by hitting the play button in the … [continued]
