The tremendous success of the Investment Tax Credit for solar energy projects exemplifies the importance of stable policy for the private sector and reveals a high return on public investment in solar energy in terms of economic benefits, domestic job creation, energy security and lower costs for consumers.
In 2012, the U.S. solar industry installed more than 3,300 megawatts (MW) of solar capacity – an increase of 76% over 2011 – and currently employs nearly 143,000 American workers. The average cost of a completed PV system dropped by 24 percent over the past year, and costs continue to fall.
In the face of a sluggish economy, the ITC provides market certainty for industry to continue making long-term investments in solar energy projects, U.S. manufacturing facilities and supply chain expansion. <read more>
https://summitsourcefunding.com/wp-content/uploads/2018/09/SSF_NewLogo_2018_webheader.jpg00SummitSourceFundinghttps://summitsourcefunding.com/wp-content/uploads/2018/09/SSF_NewLogo_2018_webheader.jpgSummitSourceFunding2014-02-06 07:42:222017-01-12 00:08:09The Case for the Solar Investment Tax Credit (ITC)
