Coalition for Clean Energy Jobs & Innovation Letter In Support of Section 25D and 48 ITC Extension

Jun 22, 2021

On June 21, the Coalition for Clean Energy Jobs & Innovation—a group of more than 100 organizations representing clean energy interests, manufacturers, trade associations, homebuilders, and a variety of other businesses—sent a letter to President Biden, Speaker Pelosi and Leader Schumer urging them to enact a ten-year extension of the Section 25D and 48 Investment Tax Credit (ITC), and a direct pay option for projects claiming the ITC. Combined, the section 25D and 48 industries add billions of dollars in investments to our economy annually, lowering electricity costs and significantly cutting carbon emissions.

Our Executive Director, David Gardiner, is quoted in the Solar Energy Industry Association’s (SEIA) press release, stating:

“Combined heat and power (CHP) is a highly efficient technology that is proven to drastically cut energy bills for America’s manufacturers and commercial building owners, make the grid more reliable, and reduce carbon pollution. The long-term extension of the ITC for CHP will make America’s manufacturers more competitive while lowering their carbon emissions.”

The SEIA press release can be found here.

A full version of the organizational letter, which includes many CHP Alliance members as signatories, can be found here.