ACORE is pumping out the PR now that Congress is poised to either let die or renew a provision created by the staff of the U.S. House of Representatives Ways & Means Committee in January 2009. The provision being considered in the pending tax bill will potentially support or inhibit renewable energy projects in 2011. It appears California, Arizona, and Wyoming stand to gain the most based on an analysis prepared by the US Partnership For Renewable Energy Finance (US PREF)..
Here’s the full press release provided by ACORE:
Congress Poised to Save $25 Billion of Renewable Energy Projects in 17 States;
Key Vote Due on the “1603” Incentive for American Entrepreneurs;
California, Arizona and Wyoming to Stand to Benefit the Most
December 14, 2010 – Washington, DC: The US Partnership For Renewable Energy Finance (US PREF) introduced an analysis that a provision being considered in the pending tax bill stands to save at least $25 billion of renewable energy projects in 17 states in 2011, among which California, Arizona, and Wyoming stand to gain the most. Read more