Congress Promotes Renewable Energy

March 2007
Solar Today;Mar/Apr2007, Vol. 21 Issue 2, p24
Trade Publication
The article explains that the wind power, solar energy, biomass energy, water-power, geothermal resources, and renewable energy industries will benefit from tax credits granted under the Tax Relief and Health Care Act of 2006 commercial law signed by U.S. President George W. Bush. The law includes one year extensions until 2008 for the production tax credit (PTC) for renewable energy source development technologies and for the thirty percent solar energy investment tax credit (ITC) for business enterprises and homeowners.


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