Following aggressive advocacy efforts by the Solar Energy Industries Association (SEIA) to ensure the continued growth of the US solar industry, Congress reached an agreement on comprehensive tax reform legislation. Following is a statement from Abigail Ross Hopper, SEIA’s president and CEO:
“After weeks of negotiations, the final tax legislation released today maintains the solar Investment Tax Credits (ITC) for both commercial developers and for homeowners in its current form. This is a great victory for the solar industry and its 260,000 American workers and we commend our bipartisan solar champions in Congress for their diligent efforts to maintain solar’s critical role in America’s economy.
“As an industry, we are pleased that the final version of tax reform legislation protects the Investment Tax Credit, and we look forward to continuing to deliver on our promise of affordable, reliable American energy.”