Breiter Planet Properties Blog

Solar & Energy Storage Northeast

Feb 18, 2020 10:30:00 AM / by Paul Fischer posted in Property Owners, Commercial Solar Finance, Solar Capital, Commercial Solar, Businesses, Solar Finance, MA SMART Program, Massachusetts, Policy, Politics, Vermont, Energy Storage, Markets, Utility-Scale PV, Connecticut, Maine, New Hampshire, New York, Rhode Island, Boston, Installations, Decarbonize, Power Generation, Legislation, Climate Change, Energy Transition, Bifacial Modules, 2020, Global Warming, Technology, Sustainability, Industrial PV, Commercial PV, Government, Breiter Planet Properties

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How good is solar farming?

Feb 17, 2020 9:17:00 AM / by Alan O'Neil, Independent Energy Market Consultant posted in Solar Energy, Solar Development, Solar Capital, Policy, Politics, Markets, Utility-Scale PV, Finance, Installations, Australia, Grids, Integration

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Image: Australian National University

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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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Community Solar in New York

Jun 10, 2019 10:28:18 AM / by Paul Fischer posted in Community, Politics, New York, Governor Cuomo, New York City, Solar Garden, Community Solar

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Community Solar

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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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