Recent analyses underscore the critical importance of maintaining federal clean energy tax incentives to ensure affordable electricity, stimulate economic growth, and meet the surging energy demands driven by technological advancements. A study by The Brattle Group, commissioned by ConservAmerica, projects a 50% increase in U.S. electricity demand by 2035, largely due to the expansion ofContinue reading “Clark – Stability in Federal Energy Tax Credits Will Protect American Consumers and the Economy”
Category Archives: Taxes
CEBA Report: Repealing Clean Energy Tax Credits Would Raise Electricity Prices for American Families and Job Creators Across the United States
Average household utility bill would rise by more than $110 per year, while businesses would see at least a 10% increase, to be passed on to consumers. Source: Clean Energy Buyers Association The Clean Energy Buyers Association (CEBA) today released a study conducted by NERA Economic Consulting showing that repealing the federal clean energy technology-neutral investment (§48E)Continue reading “CEBA Report: Repealing Clean Energy Tax Credits Would Raise Electricity Prices for American Families and Job Creators Across the United States”
ConservAmerica Study: Elimination of Clean Energy Credits Would Raise Electric Rates, Reduce Economic Growth, and Eliminate Jobs
Annual peak electricity demand in the U.S. is expected to increase 30% over the next decade, and a wide variety of resources is needed to support that and the associated economic growth; renewables and storage are ready now. A new economic analysis from The Brattle Group, commissioned by ConservAmerica, provides a stark warning: eliminating federalContinue reading “ConservAmerica Study: Elimination of Clean Energy Credits Would Raise Electric Rates, Reduce Economic Growth, and Eliminate Jobs”
Advocating for America’s Energy Future: APA’s Message to Congress
The Advanced Power Alliance (APA) is committed to ensuring that America’s energy future remains secure, affordable, and reliable. That’s why we’re calling on key congressional leaders to prioritize energy security, economic development, and technological competitiveness as they consider tax reforms that will impact our nation’s energy industry. We addressed this letter to United States Senators Mike Crapo (R-Idaho), ChairmanContinue reading “Advocating for America’s Energy Future: APA’s Message to Congress”
New Report: Clean Energy Industry is Generating Billions for Texas Landowners and Local Governments
Existing and expected utility-scale solar, wind, and battery storage projects will contribute over $20 billion in total tax revenue — and pay Texas landowners $29.5 billion — over the projects’ lifetimes, according to new data released by the Solar Energy Industries Association (SEIA), Conservative Texans for Energy Innovation (CTEI), Advanced Power Alliance (APA), and theContinue reading “New Report: Clean Energy Industry is Generating Billions for Texas Landowners and Local Governments “
The IRA will deliver a fourfold return on taxpayer investment, says ACP
The Inflation Reduction Act could generate $2.7 trillion in U.S. economic benefits from 2025 to 2035, says a report commissioned by the American Clean Power Association. From Utility Dive: https://www.utilitydive.com/news/inflation-reduction-act-return-trillion-taxpayer-investment/736212/ The Inflation Reduction Act could deliver over $2.7 trillion in net benefits from 2025 to 2035, against $656 billion in costs, according to a Dec.Continue reading “The IRA will deliver a fourfold return on taxpayer investment, says ACP”
How the end of a major tax incentive may impact wind energy
PBS | January 28, 2020 The amount of wind energy in the United States has more than doubled since 2011. It’s gotten a big boost from a federal incentive called the Production Tax Credit. But after nearly 30 years, the tax is set to begin phasing out. Karla Murthy reports from Texas as part ofContinue reading “How the end of a major tax incentive may impact wind energy”