Solar Energy Industries Association president Rhone Resch released the following statement today urging Congress to reach an agreement to extend solar energy tax credits before the end of the week.
“We are extremely disappointed that Congress has failed to reach agreement on an extension of solar energy tax credits that are central to jumpstarting our troubled economy and putting Americans back to work. The failure by members of both parties to secure extensions of the solar tax credits ensures that the U.S. will remain in an energy crisis characterized by overdependence on foreign energy.
“While Congress prepares its hasty departure from Washington, important work remains to be completed prior to the end of the year. We call on both the House and Senate to return later this week to finish the tax extenders package that is vital to businesses and individuals in every corner of the country. While it was imperative to break for a short holiday recess, there is no excuse for Congress not to complete action on these crucial tax credits to our economy by week’s end.
“The economic impact of Congress’ failure to pass the solar energy tax extenders is already being felt. Unless Congress promptly returns to complete their unfinished business, the solar industry will suffer with the loss of 39,000 jobs and $8 billion of economic investment in 2009 alone.”
9.26.09 House passed HR 7060:
9.23.08 Presidential SAP Supporting Senate version of H.R. 6049
9.17.08 Baucus-Grassley Proposed Energy Improvement and Extension Act of 2008, H.R. 6049:
9.15.08 Economic Impact (8 years) of Extending Federal Solar Tax Credits (Navigant Consulting study):
House Solar Energy Voting Record:
Senate Solar Energy Voting Record:
8.18.08 Utility-Scale Solar Power Projects on Hold:
2.13.08 One-Year Economic Impact of Extendning Federal Solar Tax Credits (Navigant Consulting study):
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Solar Energy Industries Association is the national trade association of 750 solar energy manufacturers, project developers, distributors, contractors, installers, architects, consultants and financiers. Established in 1974, SEIA works to expand the use of solar technologies in the global marketplace, strengthen research and development, remove market barriers, and improve education and outreach for solar. Learn more at www.seia.org .