Solar energy is fulfilling the need for a “greener” and cleaner source of electricity. According to “The Solar Futures” study completed by the Department of Energy, by the year 2035, solar power can potentially supply 40% of United States electricity demands.
So, are the extension and/or expansion of tax breaks forthcoming for the renewable energy industry? This is a possibility if draft legislation proposed by the House Ways and Means Committee is passed. The impetus driving the legislation is supporting and investing in technologies that combat climate change. The proposed bill builds on existing tax incentives […]