For this episode of the Local Energy Rules Podcast, host John Farrell and guest Katie Kienbaum discuss how the Inflation Reduction Act will support distributed solar through extended tax credits, a greenhouse gas reduction fund, and other incentives.… Read More
Current solar tax incentives have disproportionately benefited wealthier Americans and big businesses and banks. Changes to these tax credits could help millions of families, schools, and community organizations go solar.… Read More
The residential solar Investment Tax Credit is the main federal incentive for rooftop solar, but many Americans — especially low-income households — aren’t able to benefit from it. Here are 25 reasons why Congress should make this tax credit more equitable.… Read More
I took the “no” side in a point/counterpoint in the Wall Street Journal this week on the topic: Will Solar Energy Plummet if the Investment Tax Credit Fades Away? It’s been a great conversation-starter, but also an opportunity to clarify ILSR’s position on the tax credit extension. In short, while allowing the 30% tax credit to … Read More
Wall Street Journal, November 15, 2015 What’s going to happen when a huge incentive to invest in solar power shrinks or vanishes? At the end of next year, the 30% investment tax credit for solar and other renewable power is set to expire for residential systems and plunge to 10% for commercial installations. Boosters are calling for … Read More
In April 2013, John Farrell spoke to Brian Minish, CEO of South Dakota Wind Partners about a community wind project that attracted over 600 local investors. The project was the brainchild of four state organizations rooted in rural South Dakota–the East River Electric Cooperative, South Dakota Farm Bureau, South Dakota Farmers Union and South Dakota Corn Growers. Hoping to broaden ownership in a wind farm project proposed by Basin Electric in Crow Lake, these groups worked with Brian to figure out how to add local investors to the mix.… Read More
