The US Solar Energy Industries Association (SEIA), alongside
a broad coalition of energy trade and advocacy organizations, filed a letter to
urge the US Congress to modify the tax code to include energy storage as an
eligible technology for the investment tax credit (ITC). Energy storage
systems are critical to modernization of the electric grid. The National
Governors Association has underscored the multiple benefits of energy storage
to save utilities, businesses, and households money while enhancing grid
reliability and resilience. Energy storage systems are also fuelneutral and
help any generation resource connected to the grid become more efficient,
productive, and competitive.
"'In the energy world, you’d be hard-pressed to find an example of two technologies that complement each other as well as solar plus storage," commented SEIA president and CEO Abigail Ross Hopper:
"Yet without clear rules
of the road, companies continue to face financial uncertainty in their
investments. SEIA, alongside with partner organizations, is urging Congress
to enact the Energy Storage Tax Incentive and Deployment Act, a common-sense
bill that will encourage investment, jobs and accelerated deployment of solar
plus storage projects."
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