Today, the Alliance joined a coalition of clean-energy suppliers and advocates in a letter urging Congress to extend the clean-energy tax credits found in Section 48 of the code, which are set to expire in 2016. These credits apply to a suite of clean-energy technologies, including CHP. Our letter asked Congress to support a modification to the existing provision so that projects that “commence construction by 2016” will be eligible, rather than requiring that projects be “placed in service,” as is currently the case. Given the long lead time for clean-energy projects, this change is essential to ensure that CHP hosts will be able to continue to take advantage of the existing tax credit. You can find the coalition letter to the House and Senate.
Alliance Joins Letter Urging Extension of Tax Credits in Section 48
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