Dear Solar Supporter,
Less
than seven months from now the current Federal tax
incentives to encourage the use of renewable energy are
set to expire.
Your help is urgently needed
in this final push to obtain an extension of the
renewable energy investment tax credits before they
expire.
Within the next day or two
the U.S. Senate is set to discuss HR 6049, the Energy
Tax Extenders bill. This House bill provides for
the most important attributes for renewable energy tax
credits to be extended. It extends credits for
solar installations, wind farms, energy efficiency
buildings, and other technologies.
Two
solar items of note are that the:
- Commercial Solar Investment Tax Credit (Section
48) would be extended to 8 years (more than the 6
years previously suggested)
- Groups are working now to eliminate the $2000 cap
on residential tax credits
WHAT YOU CAN DO TO
HELP:
We ask that you take a moment
to contact your Senators today to urge them to bring
H.R. 6049 to the floor of the Senate for a vote -- and
to support this legislation.
Our
friends at SEIA inform us that this is likely to be the
last opportunity for an extension this year so the time
to act is now. Please call your Senators today.
Click here to find their
phone numbers.
Key messages:
- Not extending solar credits is an enormous tax
increase that will cost American jobs.
- ASES reports that we can create up to 40 million
green-collar jobs by 2030, but Congress must lead for
this to happen.
- The 8-year extension of the Investment Tax Credit
is critical for utilities to get the financing
necessary to keep pace with rising demand for energy.
- The cap on the residential investment tax credit
needs to be removed to provide the incentives needed
to properly stimulate the market
Thanks for your action and your
ongoing support -- and for letting your Senators know
that solar energy, energy efficiency, and other
sustainable technologies are important to
you.
With sincere regards,
Brad
Collins
Executive Director
American
Solar Energy Society
www.ases.org
