Keep up with essential planning news and commentary, delivered to your inbox every Monday and Thursday.
Bipartisan Coalition of Mayors Support Tax Credits for Solar Power
"A group of 231 mayors from across the country sent a letter to Congress supporting the Renewable Energy Extension Act, a five-year extension of the solar Investment Tax Credit (ITC)," reports Cailin Crowe.
Analysis by the Solar Energy Industries Association (SEIA) estimates that the tax credit would create 113,000 jobs and $87 billion in economic investment by 2030, explains Crowe.
Crowe also reports on the bipartisan support for the legislation evident in the letter—and the Republican congressional representation for some of the cities included on the list of signatures.
SEIA Vice President of Public Affairs Dan Whitten is on the record saying that solar power is becoming less partisan as the economic benefits of investment in the technology become more apparent.