Will the ITC be extended?
US investment tax credit: The pending drop-down of the solar investment tax credit (ITC) from 30% to 10% will have enormous short-term consequences for the U.S. solar industry. And although industry organizations are pulling hard for an extension, not everyone in the industry is on board.
In late July, a committee of the U.S. Senate announced that it would begin the work to craft a bill to extend a number of tax credits that were expiring, a process known as “markup.” Four days later, a bill went to the floor of the Senate with the backing of 23 of the 26 …
Advertisement
Advertisement
Advertisement
Advertisement