The World's #1 Renewable Energy Network for News, Information, and Companies.
Untitled Document

Solar Moves to Defend Against ITC Repeal

The American solar industry's months-long push to extend then revive the popular 1603 Treasury grant has ceded ground to a parallel strategy to keep Congress from repealing the Investment Tax Credit.

The fundamental change became apparent last week on Capitol Hill when two competing amendments to the same bill showed that at the same time the industry maintains its offensive approach, it has been forced to play a perhaps unexpected game of defense as well.

Both bills ultimately failed, but it served to show how divisive energy policy has become among legislators in Washington. Stabenow’s amendment would have boosted renewable energy production through a host of tax extensions that would have benefited solar, wind, bio-energy and other forms of energy. Legislators split evenly mostly along party lines, and fell far short of the 60 votes needed.

It was the amendment by Sen. Jim DeMint, R-S.C., that could force a shift in strategy. DeMint echoed the growing call for Congress to strip subsidies out of American energy with a bill that would have repealed the Production Tax Credit that has fueled the wind industry and the Investment Tax Credit, that’s still considered the backbone of the solar industry.

“We have more of a multi-tiered approach,” said Rhone Resch, President and CEO of Solar Energy Industries Association during a press conference Monday at PV America West in San Jose, Calif.. “For us, 1603 is truly the most effective policy. In our opinion, it’s absolutely critical for small businesses.

“What is now becoming clear as the shadow of fundamental tax reform comes at us, we have to make the case for maintaining the ITC fact-based and extremely clear to Congress about why this should be left in place."

In 2005, the ITC was passed as a two-year credit. Currently, it’s set to expire at the end of 2016, which gives the industry some sense of stability, though not as much as it’d like. Repealing that credit could send projects off the cliff.

“We at least have to have policy certainty in place to 2016, then have a policy that works after that,” said Resch. “No doubt, we have to protect the ITC now. It’s going to take a lot more of our resources.”

Untitled Document

Get All the Renewable Energy World News Delivered to Your Inbox - FREE!

Subscribe to Renewable Energy World Magazine and our award-winning e-Newsletter to stay up to date on current news and industry trends.

 Subscribe Now



Evaluating the Case for Module-Level Shutdown

Hannes Knopf With 2014 NEC adoption in full swing, many are anticipating what the next version of the code will hold for the PV in...

A Case Study in Energy-Transition Momentum

Tim King South Australia is clearly at the forefront of the global energy transition as it establishes a fast-moving model oth...

Listen Up: Can I Get Solar if my Roof is Shaded?

The Energy Show on Renewable Energy World Rooftop solar panels only work when they are in direct sunlight. So if you have a partially shaded roof, the output o...

US Senate Democrats Unveil Energy Bill That Restores PTC and Extends ITC

Brian Eckhouse, Bloomberg Senate Democrats unveiled a bill that would provide more tax credits for renewable energy while killing some tax ince...


Solar Power World Ranks Florida Solar One a Top 400 Solar Installer

Florida Solar One, a Miami Fort Lauderdale solar contractor is ranked among the top sol...

Niner Wine Estates Powers 100 Percent of Winery Operations with REC Solar

The 388 KW solar system installed by REC Solar will pay for itself in approximately fiv...

AWS Truepower Makes Wind Project Design More Effective with Less Effort with New Openwind® Version

AWS Truepower, LLC, an international leader in renewable energy consulting and informat...

US Solar Institute Chosen for Military Solar Training at Patrick Air Force Base

In August 2015, the Air Force chose The US Solar Institute (USSI) for a specialized sol...



Geothermal Visual: GEA, Clean Energy Organizations Tell Congress: We Need Tax Extenders 'As Soon As Possible'

In a letter dated Oct. 5, over 580 signatories representing clean energy industries, including Geothermal Energy Asso...

It's All About The Why

Why do people buy your product or service? This is a question that you should keep in your mind at all times and remi...

Tracked Community Solar Gardens Bloom

Victor Delgado and his wife Norma had been watching their utility bills slowly climb since they bought their home in ...



Volume 18, Issue 4


To register for our free
e-Newsletters, subscribe today:


Tweet the Editors! @jennrunyon



Successfully Integrating Solar: A Proactive Approach

•      What does the increasing solar penetrati...

Solar Power Asset Management and Performance

SEIA and SEPA collaborated with industry leaders to present the first ev...

Solar Power Northeast

  From the team that produced Solar Power Southeast and the sol...


Fast facts: 4 things you need to know about the state of solar fina...

Fast facts: 4 things you need to know about the state of solar financing...

10 Questions You Should Be Asking

Tony Robbins is fond of saying that the quality of your life is directly...

Join us at the New Solar Power Northeast

From the team that produced Solar Power Southeast and the sold out P...


Renewable Energy: Subscribe Now

Solar Energy: Subscribe Now

Wind Energy: Subscribe Now

Geothermal Energy: Subscribe Now

Bioenergy: Subscribe Now