Solar Scuttled: No ITC In Economic Stimulus Package

The U.S. Senate's expanded economic stimulus package, which contained a provision extending the solar investment tax credit (ITC) for one year, has been blocked by a Republican filibuster.

Monique Hanis, director of communications for the Solar Energy Industries Assocation (SEIA), today told Solar Industry that inclusion of the ITC extension in the stimulus package is"unlikely," – even if Senate Democrats can negotiate provisions beyond what the House bill afforded.

Hanis noted that the SEIA will be pursuing another vehicle through which to secure an extension of the residential and commercial solar credits.

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