Breiter Planet Properties Blog

How You Can Help #DefendtheITC

Aug 22, 2019 10:00:00 AM / by SEIA posted in Policy, United States, Legislation, ITC, Investment Tax Credit, Solar Incentives

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We need to build momentum for the Renewable Energy Extension Act and keep the pressure on lawmakers to support solar's #1 federal policy priority. 

Last month, leaders in the U.S. House and Senate introduced companion bills to extend the 30% solar Investment Tax Credit (ITC) for 5 years, a major step on the road to defending this critical, bipartisan policy. 

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Solar Plus Storage Programs and Policies for Northeastern States

Aug 12, 2019 7:05:15 PM / by Paul Fischer posted in Commercial Solar, Massachusetts, Policy, Vermont, Energy Storage, Utility-Scale PV, New Hampshire, New York, Boston, Distributed Storage, Tesla, Governor Cuomo, New York City, Legislation, New Jersey, Solar Plus Storage

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Andrew Breiter-Wu Signs the Solar Industry ITC Extension Letter to Congress

Jul 15, 2019 8:30:00 AM / by Andrew Breiter-Wu posted in Policy, United States, Politics, Finance, Andrew Breiter-Wu, Legislation, ITC, Investment Tax Credit, Solar Incentives

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Dear Members of Congress,

 

As some of the nation’s leading solar energy companies, we write to convey the importance of extending the Section 48 and Section 25D investment tax credits (ITC) for solar and other clean energy resources.

 

The ITC has a tremendous track record of spurring clean energy deployment across the country, creating nearly a quarter million well-paying jobs and driving down electricity costs for consumers, businesses and municipalities. It also has generated significant economic activity, accounting for $140 billion in private investment since its inception.

 

As you consider clean energy tax legislation, we urge you to include a multiple-year extension of the Section 48 and Section 25D tax credits before they begin to phase down at the end of this year. The residential and commercial investment tax credits will step down from 30 percent at the end of this year. The credit falls to 26 percent in 2020, 22 percent in 2021, and, in 2022, the residential renewable energy credit is eliminated, and the commercial investment tax credit drops to 10 percent.

 

As a result of these credits and greater competition in the electricity sector, more Americans have access to clean energy than ever before. The greatest solar job growth today is happening in the Midwest and Southeast, in emerging markets such as Kansas, North Dakota, Illinois, Alabama and Florida. More than 240,000 Americans work in solar energy today, a figure that has more than doubled since 2010. According to the Bureau of Labor Statistics, “solar installer” could become the fastest-growing occupation in America.

 

While this recent success has driven 50 percent annual solar growth over the past decade, solar energy can do more for the economy, especially since it accounted for only 2.3 percent of total U.S. electricity generation in 2018 and less than 1 percent of generation in 29 states. Harmful public policy changes could quickly compromise future growth. For instance, the solar industry has experienced $8 billion of cancelled or deferred investments and the loss of 9,000 jobs in the wake of federal policy changes singling out solar. That's why we're asking you to extend the Section 48 and Section 25D investment tax credits for clean energy resources and support the continued growth of solar nationwide.

 

Thank you for your continued work and leadership developing American-made clean energy. We appreciate your consideration of our views and look forward to bringing solar to more of your constituents.



Andrew Breiter-Wu

President

Breiter Planet Properties

p:(617) 334-5785  

m: (401) 954-6450

w:www.breiterplanet.com

e: Andrew@breiterplanet.com

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A Response to "What Happens When Communities Say No To Solar and Wind” by Joel Stronberg

Jul 8, 2019 12:20:00 PM / by Paul Fischer posted in Property Management, Real Estate, Renewable Energy, Energy, Property Owners, Policy, Utility-Scale PV, Solar Industry

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Maryland Senate passes solar-powered renewable energy mandate

Apr 2, 2019 9:55:00 AM / by Christian Roselund, pv magazine posted in Renewable Energy, Solar Energy, Policy, Maryland

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The 50% by 2030 mandate would include a provision that utilities source at least 14.5% of their power from solar, the highest portion of any policy to date. But to do that it has to get through both the Maryland House and Governor Hogan.

 

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Is large scale solar feasible in the Northeast? #SolarNE

Feb 10, 2019 8:00:00 AM / by Tim Sylvia, pv magazine posted in Exterior Lease, Solar Energy, Solar, Community, Solar Development, MA SMART Program, Massachusetts, Policy, Utilities, Vermont, Energy Storage, Markets, Utility-Scale PV, Connecticut, Maine, New Hampshire, New York, Rhode Island

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At Solar Power Northeast representatives from Cypress Creek, Stem and Kearsage Energy discussed the possibilities and limitations of bringing big solar to New York and New England.

Forefront Power

“500 MW might actually cover all of Rhode Island,” joked Paul Raducha, senior developer for Kearsage energy, but there’s real sentiment behind his quip. While states like California, Nevada and Arizona have seen utility-scale development at mind boggling scales, there are few massive solar plants yet on the East Coast north of Virginia.

 

Now let’s be honest, nobody is asking for or realistically expecting a multitude of 100 or more MW plants in New England and New York. So what is there to expect?

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9 new state governors committing to solar and renewables

Jan 9, 2019 9:00:00 AM / by Andrew Breiter-Wu posted in Renewable Energy, Solar, Policy, United States, Politics

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Contrary to President Trump, more and more U.S. states are setting their sights on an ambitious expansion of solar and other renewables. Five new state governors elected in the midterms are committed to achieving 100% renewable electricity. Several others are also pro-clean energy and pro-solar.

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11 SMART questions answered: the facts on Massachusetts’ new solar program

Dec 17, 2018 8:05:00 PM / by Tim Cronin posted in Exterior Lease, Solar Subscription, Land Lease, Community, Solar Development, Solar Access to All, Residential Solar, Commercial Solar, MA SMART Program, Massachusetts, Roof Lease, Policy, Utilities

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