Solar Industry
Calling for “stable, reliable, well-structured tax policy,” the Solar Energy Industries Association (SEIA) has weighed into the tax reform debate currently taking place in Congress. SEIA says it provided extensive insight and comments to the House Ways and Means Committee, which is tasked with overhauling the federal tax code.
“Since the enactment of the 30 percent commercial and residential solar investment tax credit (ITC) in 2005, domestic deployment of solar has increased twelve-fold, the cost to consumers has significantly dropped, and we have developed a domestic industry that today employs over 119,000 Americans,” Rhone Resch, president and CEO of SEIA, told the committee’s working group. The group is led by Rep. Kevin Brady, R-Texas, and Rep. Mike Thompson, D-Calif.
“By any objective measure, these important incentives are doing exactly what they were meant to do – allow our nation to reap the significant energy, economic and environmental benefits associated with utilizing our abundant solar resources,” Resch continued.
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