Rep. Mike Thompson (D-CA) has introduced a proposal to extend investment tax credits (ITC) for energy efficient residential and commercial property through 2021, saying the credit has been vital to helping spread solar power across the country. The New Energy for America Act, HR 2412, would also extend the tax credits for other clean energy technologies, such as fuel cells, stationary microturbines, combined heat and power property, small wind and geothermal heating and cooling property. Jim McDermott (D-WA) is a co-sponsor of this bill. Click to read more.
SIW will be busy garnering support for this bill which was recently referred to the U.S. House Ways and Means Committee.
Here is a link to the bill itself including a summary, list of sponsors and more.