The 2021 Solar Investment Tax Credit (ITC) was scheduled to step down to 22% this year, but will stay at 26% after Congress struck a last-minute bipartisan deal on a major energy bill within an omnibus package to fund the federal government.
The legislation provides a two-year extension of the solar Investment Tax Credit (ITC) and additional funding for research and development, including on soft costs critical to distributed energy deployment. It also includes support for more access to federal lands for renewable energy projects.
Under the legislation, the solar ITC will remain at 26% for projects that begin construction in 2021 and 2022, step down to 22% in 2023, and will be further reduced to 10% in 2024 for commercial projects. The residential credit will end in 2024.
The bill also provides loan guarantees for projects that deploy innovative emission-reducing technologies, and establishes new programs to accelerate the transition to clean energy. The legislation includes fossil fuel and nuclear research and development funding, but it shifts funding parity toward renewables.
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NFPA Fire & Life Safety Conference in December
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Project Aims to Automate Code Compliance Assessment
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| Sep 1, 2011
EPA Says Additional Lead Paint Cleaning Rules Not Necessary
The EPA has concluded that current Lead: Renovation, Repair, and Painting Program (LRRP) cleaning requirements and lead-safe work regulations are sufficient to protect the public from lead dust hazards. “Our members have been instrumental in contacting legislators to detail the detrimental impact of the current LRRP," says Richard Walker, American Architectural Manufacturers Association’s president and CEO. “This collective industry voice has prompted the EPA to make the responsible decision to refrain from adding further, unnecessary costs to homeowners under the current economic climate."http://www.aamanet.org/news/1/10/0/all/603/aama-commends-its-members-congress-for-vacating-lrrp-clearance-rule
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Best AEC Firms of 2011/12
Later this year, we will launch Best AEC Firms 2012. We’re looking for firms that create truly positive workplaces for their AEC professionals and support staff. Keep an eye on this page for entry information. +
