SEIA Expresses Concerns About Newly-Released Senate Tax Plan

WASHINGTON, D.C. – After reviewing a draft tax plan released today by Senate Finance Committee Chairman Max Baucus, Rhone Resch, president and CEO of the Solar Energy Industries Association (SEIA), released the following statement:


"While we appreciate efforts by Chairman Baucus to make the convoluted U.S. tax code simpler and fairer for everyone, we're very concerned that reducing the solar Investment Tax Credit (ITC) and dramatically altering the way companies depreciate their assets could jeopardize future clean energy development in the United States. At a time when we're searching for creative ways to reduce carbon emissions, fight climate change and improve U.S. competitiveness, the continued development of a strong, viable solar industry in the U.S. is critically important.

Today, solar is one of the fastest-growing industries in America, employing 120,000 workers and generating more than 10.3 gigawatts (GW) of clean electricity – enough to effectively power 1.7 million homes. And smart, effective policies, like the solar ITC, are helping to power record growth in the solar sector. We look forward to working with both the Senate and House to find common-sense ways to reform the tax code, while continuing to incentivize the kind of growth needed in America to ensure prosperity for future generations."

Featured Product

Easy monitoring with weather sensors from Lufft

Easy monitoring with weather sensors from Lufft

Professional weather sensors form the heart of large solar plants supporting their operation and performance. Lufft was the first manufacturer to combine several sensors in one housing, bringing the largest multiparameter weather sensor family with 19 members into being. Many of them are well-suited for solar site assessment and continuous monitoring. The most commonly used one is the WS600 delivering data on temperature, air pressure, wind, relative humidity and precipitation. Through its open protocol, it can easily be attached to radiation sensors e.g. from Kipp&Zonen. Other models have an integrated Silicon, Second Class or Secondary Standard radiation sensor.