As negotiations on the reconciliation bill continue in Congress, many lawmakers are still looking for ways to raise additional revenue and offset the cost of extending the 2017 Tax Cuts and Jobs Act. Clean energy tax credits, therefore, have become a target. Despite the surge of new solar manufacturing facilities, … [continued]
Solar manufacturing credits and the Solar For All program are all on the chopping block in the next administration.
The federal tax incentives and rebates contained in the Inflation Reduction Act are likely to be eliminated soon. Now is the time to act.
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.
Solar power keeps getting cheaper and keeps growing year after year, now accounting for nearly half of new power capacity in the United States. But coal and fossil methane (also deceivingly called “natural gas”) power plants need to be retired more quickly than they have been. We need to cut … [continued]
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.
