What's going on to all of you readers out there who I have yet to meet. If any investors are following Evergreen Solar, INC. or First Solar and would like to talk about what has happened to the solar stocks as of lately, feel free to contact me. www.seia.org is the home of solar energy industries association and can give more information as to what the energy bill needs to include.
What the Solar Industry Needs
- Eight-year extension of the 30% business ITC under Section 48
- Six-year extension of the 30% residential ITC under Section 25D
- Elimination of the existing $2,000 limit on the 30% residential solar ITC under Section 25D
- Permit corporate and individual taxpayers to claim the ITC against the Alternative Minimum Tax (AMT)
- Elimination of the public utility exception to the ITC.
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