Senate Introduces Bipartisan Bill to Support Solar Energy Investments
The federal solar Investment Tax Credit (ITC) lasts through 2016, but a duo of U.S. senators introduced legislation this week that would allow the credit to provide upfront benefits to companies working on solar projects.
U.S. Sens. Michael Bennet (D-CO) and Dean Heller (R-NV) introduced a bipartisan bill Thursday that would allow firms to qualify for the ITC for solar projects that are under construction before the credit's expiration date instead of having to wait until those projects are completed and in service. As it stands now, ITC qualifying projects must be capable of generating power by Dec. 31, 2016. If passed, projects under construction could get tax advantages sooner. That would be especially meaningful for large-scale solar projects.
"This legislation is critically important to the continued growth of solar energy in America," said Rhone Resch, president and CEO of the Solar Energy Industries Association (SEIA). "Sen. Bennet has been a long-time champion of solar, which today is the fastest-growing source of renewable energy in the U.S., providing jobs for nearly 143,000 Americans and pumping tens of billions of dollars into the U.S. economy."
Bennet and Heller didn't need to look beyond their own states to find reasons why an updated ITC would be beneficial to the industry.
"The sun shines almost every day in Nevada, and we have tremendous solar energy resources," Heller said. "Providing every tool necessary for companies to develop solar energy will help us harness our vast potential."
Similarly, Bennet said a modified ITC would provide certainty, especially in states like his that have more than 300 days of sunshine each year.
The ITC provides a 30 percent tax credit for solar systems on residential and commercial properties. According to SEIA, the last ITC extension has helped annual solar installations grow by more than 1,600 percent since 2006.
Resch says the senators' bill would prevent the cancellation of projects that might not be operational by the end of 2016. That would help various cities and states meet goals for deploying renewable energy.
"Because renewable energy projects require a multi-year time frame, there is growing concern that some planned solar developments—especially larger utility-scale projects—may be ineligible to qualify for the ITC due to its placed-in-service requirement, forcing their cancellation," Resch said.
Colorado has about 330 solar companies that employ about 3,600 people. Nevada has 79 solar companies with 2,400 workers. Investors spent more than $200 million in 2012 in those states alone to install solar technology for homes and businesses.
"Investing in alternative-energy sources cuts right to the core of whether and how we want to compete in the global and changing economy," Bennet said. "As Congress considers comprehensive energy-tax reform, we ought to provide certainty in the interim by extending the existing slate of renewable tax credits and providing parity for the solar industry."
Visit EcoWatch’s RENEWABLES page for more related news on this topic.
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It's going to be back-to-school time soon, but will children go into the classrooms?
The American Academy of Pediatrics (AAP) thinks so, but only as long as safety measures are in place.
Keeping Schools Safe<p>What will safer schools look like?</p><p>In a <a href="https://jamanetwork.com/journals/jama/fullarticle/2766822" target="_blank">JAMA article</a> published last month, <a href="https://www.jhsph.edu/faculty/directory/profile/1781/joshua-m-sharfstein" target="_blank">Dr. Joshua Sharfstein</a>, a pediatrician and professor at the Johns Hopkins Bloomberg School of Public Health, outlined suggestions — many of which are similar to AAP's.</p><p>Remote learning protocols must stay in place, especially as some schools stagger home and in-building learning. If another shutdown needs to occur, children will rely on distance learning completely, so it must be easy to switch to, he said.</p><p>He suggested giving parents a daily checklist to document their child's health. Kids should be screened quickly on arrival and be given hygiene supplies. Maintenance staff should use appropriate PPE and have regular cleaning schedules. A notification system should be in place if a case is identified, Sharfstein recommended.</p><p><a href="https://www.albany.edu/rockefeller/faculty/erika-martin" target="_blank">Erika Martin</a>, PhD, an associate professor of public administration and policy at University at Albany, said nutrition assistance and health services should be included. She called for tutoring programs with virtual options as well as technology access.</p>
Supporting Staff<p>Teachers and staff will be affected by safeguarding measures, noted <a href="https://directory.sph.umn.edu/bio/sph-a-z/rachel-widome" target="_blank">Rachel Widome</a>, PhD, an associate professor of epidemiology and community health at University of Minnesota.</p><p>"In order for all of the in-school precautions to work well, we'll be asking a lot of teachers and staff," Widome told Healthline. In addition to their usual workload, they'll now be asked to monitor mask-wearing, ensure children are keeping distance, and be aware of any symptoms.</p><p>Along with Sharfstein, Widome called for an increase in financial support. More employees will likely be required so teachers and staff members can keep up with the added demands.</p>
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