« Who Pays for Solar Power?Here's to a Sunny 2013! »

Fiscal Cliff Deal Saves Wind Credits

01/02/13

  08:12:00 am, by Jim Jenal - Founder & CEO   , 123 words  
Categories: Solar Tax Incentives, Solar News

Fiscal Cliff Deal Saves Wind Credits

Though not strictly speaking a solar news story, we are pleased to note that the “fiscal cliff” deal agreed to last night by the House includes provisions from the Senate that will preserve federal tax credits for wind power systems.  You can read more about it over at Renewable Energy World, “Wind Energy Tax Credit Extension Passes with Fiscal Cliff Deal.

Of course, the extension is relatively short term and it begs  the question of what will happen with the solar ITC which is presently scheduled to expire at the end of 2016.  Still, anytime support for renewable energy - be it wind or solar - passes Congress, it is grounds for rejoicing.  Here’s hoping that this is only the first of many legislative victories in 2013.

No feedback yet

Jim Jenal is the Founder & CEO of Run on Sun, Pasadena's premier installer and integrator of top-of-the-line solar power installations.
In addition, Run on Sun offers solar consulting services, working with consumers, utilities and municipalities to help them make solar power affordable and reliable.

Ready to Save?

Let’s Get Started!

We're Social!



Follow Run on Sun on Twitter Like Run on Sun on Facebook

Search

Run on Sun helps fight Climate Change
powered by b2evolution