‘GREEN Act of 2019’ Extends Tax Credits for Renewables

Credit to Author: Darrell Proctor| Date: Tue, 19 Nov 2019 18:41:57 +0000

The post ‘GREEN Act of 2019’ Extends Tax Credits for Renewables appeared first on POWER Magazine.

The Ways and Means Committee of the U.S. House of Representatives on Nov. 19 released a draft tax package for clean energy projects that includes a five-year extension of the 30% solar Investment Tax Credit (ITC), along with new incentives for energy storage. The legislation also supports incentives for electric vehicles (EVs), offshore and onshore […]

The post ‘GREEN Act of 2019’ Extends Tax Credits for Renewables appeared first on POWER Magazine.

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Big Oil Faces A Formidable Foe In Fight Against Electric Vehicles

Credit to Author: Guest Contributor| Date: Wed, 02 Oct 2019 14:52:08 +0000

Electric utilities are keen on electric vehicles these days — they see them as a future revenue source. Utilities from California to Florida to Michigan are sponsoring the installation of public charging stations, and some are offering rebates to customers for installing home chargers. To date, at least 50 utilities in 25 states have launched or proposed programs to encourage the buildout of charging infrastructure

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