US Treasury Announces New Solar Tax Credit Guidance — Who’s Happy?
The US Treasury Department has just issued new rules regarding tax credits for solar power installations in the US. Not everyone is happy.
US solar tax credit
Tesla Touts Tax Credits & Price Cuts
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.
700+ Solar Companies Ask For Stronger Solar Legislation From Congress
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]
Strategic Tax Credits to Decarbonize Buildings
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]
Tesla Reminder: Solar Power Tax Credit Drops In 2021
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.
Tesla & Biden: A Good Match With A Touch Of Compromise
How will a Biden presidency benefit Tesla?
Tesla Cuts Prices Of Solar Systems To Counter Drop In Federal Rebate
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.
Colorado Auto Dealers Push For More Solar Power
The Colorado Solar Project 2020 seeks to encourage Colorado auto dealers to add solar power systems to their dealership facilities before the federal tax credits begin dropping at the end of 2019.
