On the final day of the 2015 congressional session, lawmakers passed a wide-ranging budget with a present stuffed inside: a three-year extension of the Investment Tax Credit for solar that included a phasedown through 2022. It also included a one-year extension of the wind production tax credit, with a phasedown through 2020.
In a previous episode, we talked about what would happen to the U.S. solar market without an extension of the credit. In this episode, we look at what happens across the U.S. now that solar has long-term clarity on federal incentives. The market is going to experience enormous growth -- we'll look at when and where. We will also look at the consequences for state conflicts over net metering.
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Recommended Reading:
The ITC Awakens: What the Extension of a Key Federal Tax Credit Means for Solar
How the National Solar Lobby Passed the Investment Tax Credit
