Hooray!After a lot of talk about if the Renewable energy bill will be renewed next year. Yesterday Congress passed a boosted version of the previous legislation. No doubt the Paris Climate Consolation is a part of the reason.Solar and wind will be at the forefront of this bill but other renewable products have been extending for a year. This coincides with what we teach homeowners that energy efficacy products coupled with solar electricity is the best solution.We are excited to continue providing homeowner reducing their household utility bills and gain their energy independence.
Lawmakers in the House and Senate passed a spending package today that includes multi-year extensions of solar and wind tax credits, plus one-year extensions for a range of other renewable energy technologies.
The pair of bills, which included tax extenders and $1.1 trillion in funding to keep the government running for the next year, passed hours before lawmakers adjourned for the holidays.
“May the force be with you,” said Senator Dianne Feinstein, urging her fellow Senators to vote in favor of the package shortly after the House approved the bills.
The force was certainly with renewables.
Under the legislation, the 30 percent Investment Tax Credit (ITC) for solar will be extended for another three years. It will then ramp down