Solar Firms, Utilities Clash As 30% Tax Credit Fades

By | October 8, 2015

Scalper1 News

The solar industry and utilities are prepping for a battle on Capitol Hill over an expiring 30% subsidy that benefits the greener industry and threatens the traditional powers that be. On one side, solar energy companies — like SolarCity (SCTY), First Solar (FSLR), SunPower (SPWR), SunEdison (SUNE) and Sunrun (RUN) — say the 30% investment tax credit (ITC) has guided their fledgling industry to 1,600% growth in installations over the subsidy’s Scalper1 News

Scalper1 News