Senator Udall introduces new solar energy bill
From Senator Udall's office;
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My Solar Uniting Neighborhoods Act (or SUN Act) builds on a conversation I had with representatives at Holy Cross Energy during my Workforce Tour in February. But the problem, as I learned in my conversation, is that community solar projects are at a disadvantage when it comes to the federal income tax code. You can take a 30 percent tax credit for a solar panel on your house, but not if you invest in a solar farm. My bill modernizes the income tax code, and expands the tax credit to include community solar projects. Not only will it provide a tax I’m proud to work with Coloradans on this bill. I think it’s a great example of the kind of practical and simple legislation we can promote to improve the economy, and I look forward to seeing it through to passage. Learn more about the SUN Act http://markudall.senate.gov/?p=press_release&id=528Read |
They’ve collaborated with another Western Slope business, the Clean Energy Collective, on a community solar project, which allows residents who don’t want to – or can’t – install solar panels on their homes, to invest instead in solar panels placed on separate land. These projects, also known as “solar farms,” are an exciting new way to expand the market for solar energy. And not only are they catching on on the Western Slope, United Power has a project in Brighton, and Grand Valley Power and Empire Electric Association are exploring similar projects, as are communities and utilities across the country.
break to people who want to use clean solar energy – it will increase the market for solar energy products and services, spurring job creation in Colorado’s clean energy economy.
