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Tax Credits Double Projections Of Solar Growth in One U.S. Market

2016-07-11 19:32:00| Climate Ark Climate Change & Global Warming Newsfeed

Yale Environment 360: A new market report estimates that U.S. rooftop solar in the Mid-Atlantic region will likely increase exponentially over the next five years thanks to extended federal tax credits. The Business Energy Investment Tax Credit that Congress unexpectedly renewed last December gives homeowners and developers 30 percent back on solar panel installations and other renewable energy investments through 2019. The program could help solar installation growth in the Mid-Atlantic reach over 9,000 megawatts by...

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