Today, Citizens for Responsible Energy Solutions (CRES) joined with a coalition of leading energy trade and advocacy groups to urge Members of Congress to clarify eligibility of energy storage for the Investment Tax Credit (ITC). CRES Managing Director Heather Reams released the following statement on the year-end request that will strengthen an industry that supports over 90,000 U.S. jobs.
“Modernizing America’s electric grid must begin with energy storage. CRES is proud to partner with fellow clean energy advocates to reinforce what government and private sector leaders already readily acknowledge: that taking steps to enhance fuel-neutral energy storage will save consumers and taxpayers money, increase job creation and provide a much-needed boost to grid reliability. Driving innovation is dependent upon a level playing field and clear statutory rules, and that is why it is essential for storage to be included as an eligible technology in the ITC. Once enacted by Congress, the language would strengthen the competitiveness of U.S. companies and bolster their investments inside the global market.”
In addition to CRES, congressional letter signatories included Advanced Energy Economy (AEE), American Wind Energy Association (AWEA), ClearPath Action, the Energy Storage Association (ESA), National Electrical Manufacturers Association (NEMA), National Hydropower Association (NHA), and the Solar Energy Industries Association (SEIA). You can read the letter by clicking here.
Citizens for Responsible Energy Solutions is a 501(c)(4) non-profit organization founded in 2013 to engage Republican policymakers and the public about commonsense, conservative solutions to address our nation’s need for abundant, reliable energy while preserving our environment.