Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Sunday, February 21, 2016

When is Energy Storage Eligible for the 30 Percent ITC?

When is Energy Storage Eligible for the 30 Percent ITC?

Susan Kraemer
February 17, 2016 | Post Your Comment
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Near the end of 2015, the IRS quietly updated a little known rule on storage eligibility for the 30 percent Investment Tax Credit (ITC). The timing seemed odd, with the ITC about to expire, but the IRS must have been privy to what congress was about to do, in Full Article http://www.renewableenergyworld.com/articles/2016/02/when-is-energy-storage-eligible-for-the-30-percent-itc.html?cmpid=renewablesolar02212016&eid=288118515&bid=1316858

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