Showing posts with label Energy Storage Tax Incentive and Deployment Act of 2017. Show all posts
Showing posts with label Energy Storage Tax Incentive and Deployment Act of 2017. Show all posts

December 27, 2017

House Bill Seeks New Energy Storage Tax Credit

U.S. Reps. Ryan Costello (R-Penn.) and Mike Doyle (D-Penn.) last week introduced a House bill that would create a new investment tax credit for energy storage.

“Supporting and encouraging the use of innovative energy technologies can help lower energy costs and improve grid resiliency,” Costello said in a statement. “When paired with recent advancements in clean and renewable energy choices, energy storage can strengthen the security of our electric grid, offer consumers greater choice, and lower the cost of energy bills.”