Senators Introduce Bipartisan Energy Storage Bill to Encourage Renewable Power

2016-11-23T15:01:52+00:00

U.S. Senators Ron Wyden, D-Ore., Susan Collins, R-Maine, Jeff Merkley, D-Ore., and Angus King, I-Maine, yesterday introduced the Storage Technology for Renewable and Green Energy Act of 2013 (STORAGE) to encourage the development of renewable energy as a source of electricity and lower consumer costs through the deployment of energy storage technologies. Renewable energy sources [...]

Senators Introduce Bipartisan Energy Storage Bill to Encourage Renewable Power2016-11-23T15:01:52+00:00

Blumenauer proposes renewable energy tax credit extension

2016-11-23T15:01:55+00:00

U.S. Representative Earl Blumenauer, from Oregon, introduced a bill extending the federal renewable energy production tax credit until 2016.  This bill, called "American Renewable Energy Production Tax Credit Extension," will effect production of wind power, geothermal energy, and hydropower.   Many believe the original tax credit gave the renewable energy industry much of its momentum over [...]

Blumenauer proposes renewable energy tax credit extension2016-11-23T15:01:55+00:00

Tax Law Provision Driving Wind Farm Development

2016-11-23T15:01:58+00:00

The federal production tax credit (PTC) is set to expire at the end of 2012.  The PTC, which is an important economic incentive for developers, provides wind farm owners with a 2.2 cent per kilowatt tax credit for wind power generated during the first ten years of a facility's operation.  The impending expiration is causing [...]

Tax Law Provision Driving Wind Farm Development2016-11-23T15:01:58+00:00

Obama Wants to Double Energy Tax Credit Stimulus

2016-11-23T15:02:12+00:00

Reports today indicate that President Elect Obama is pushing to double the energy tax credit portion of the stimulus package being prepared by Congress.   The increase could put the tax credit's total value at $20 - 25 billion.  A large portion of this tax credit package is expected to be allocated to production tax credits for renewable energy; the bill may also extend the expiration date of [...]

Obama Wants to Double Energy Tax Credit Stimulus2016-11-23T15:02:12+00:00