Leaders of the U.S. solar industry will have one last shot at convincing the current congress to extend a key federal solar incentive before a new republican controlled congress takes over at the beginning of 2011.
Freshman Senator Tom Udall (D-NM) has introduced his first bill to the Senate, an RES calling for 25% of utilities’ power to come from renewable sources by the year 2025.
In October 2008, President Bush signed into law the The Energy Improvement and Extension Act of 2008. The act extended, through 2016, the corporate and individual Investment Tax Credit (ITC). It also removed the cap that had previously prevented homeowners from taking more than a $2,000 credit when purchasing a solar PV system. Now, in [...]