Extending U.S. Investment Tax Credits Through 2050 Increases U.S. Solar Generation By 10%

Credit to Author: U.S. Energy Information Administration| Date: Thu, 28 Jul 2022 20:50:52 +0000

Extending investment tax credits (ITC) and production tax credits (PTC) through 2050 for renewable electricity generation increases annual U.S. solar generation by 10%, according to our alternative policy analysis, Annual Energy Outlook 2022: Extended and Sunset Tax Credit Cases. Long-term availability of federal tax credits provides an incentive for more small-scale distributed generation in homes and commercial buildings as well as […]

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