A whole bunch of Corporations Ask Congress to Move Solar ITC, Energy Storage Credit Payments

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Abigail Ross Hopper

The U.S. solar and storage {industry} and its allies are ramping up a push for Congress to move a reconciliation invoice with historic clear energy deployment and manufacturing provisions. Over 400 solar and storage corporations despatched a letter to congressional leaders urging them to move the laws as lots of of unpolluted energy advocates make calls to places of work on Capitol Hill.

These actions are a part of an industry-wide day of motion that emphasizes the huge clear energy and financial win Washington lawmakers can ship to voters.

“The message from hundreds of solar and storage companies and advocates today is simple: Congress needs to get this done,” says Abigail Ross Hopper, president and CEO of the Solar Energy Industries Association (SEIA). “This is a once-in-a-generation window for leaders in Washington to deliver on their promise to tackle climate change, create clean energy jobs and ease the tight grip of inflation and the global energy crisis.”

“Ongoing inflation and the global energy crisis demand that lawmakers finally get these policies over the finish line to deliver critical cost-savings for families,” Hopper provides. “America has the means to become more energy and climate secure by putting people to work producing and deploying clean energy here at home, and now leaders must recognize the urgency of the moment by passing this legislation.”

The coalition of unpolluted energy companies, staff, commerce teams and advocates are rallying assist for a complete suite of insurance policies, together with a long-term extension of the solar Investment Tax Credit (ITC) and a standalone credit score for energy storage. The ITC is a job-creator that’s able to sparking historic ranges of solar and storage deployment and is a obligatory coverage instrument to drive development on the tempo required to sort out local weather change.

Incentives for home clear energy manufacturing, specifically Senator Ossoff’s Solar Energy Manufacturing for America Act (SEMA), are a vital factor of the reconciliation bundle, SEIA emphasizes. With near-term commerce certainty in place due to President Biden’s solar tariff pause, Congress has a possibility to enact efficient industrial coverage for clear energy manufacturing, the group provides.

“The time for rhetoric is over, and the only thing left is to cut a deal,” concludes Hopper. “The solar and storage industry is motivated, mobilized and ready to make our clean energy future a reality if Congress acts. It’s time.”

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