Solar Energy And Capitol Hill

Oh, I love writing about politics, especially on Monday. It’s better than coffee. A lot of times technology and politics aren’t brought up in the same thought but luckily Capitol Hill has pulled through for me.

Those of you who use solar power technology have received a nice little tax break in the years past. It makes sense; try to help the environment and become more energy efficient then the government cuts you a break. The simplicity looks to be ending there, as the investment tax credit (ITC) comes up for renewal.

The ITC that is in renewal limbo offers residential solar energy users a 30% break or up to $2,000. The commercial sector receives the same benefit, only they aren’t capped for their tax break. It’s within the commercial sector that this renewal is effecting the most. Barry Cinnamon of Akeena Solar had this to say, “The delay in the ITC (investment tax credit) renewal has meant that large commercial jobs are being postponed”.

Of course when you start talking about postponing jobs, and losing money; you then start talking about people losing their jobs. Which is what this hitch in the tax break renewal is causing. What’s really perplexing is that lobbyists for the Solar industry have enjoyed bi-partisan support in recent years. For those who are interested to see where the presidential candidates fall on the issue; don’t bother. Neither of them voted on the renewal, more than likely because they’re both kissing babies in the midwest somewhere (zinger!).

It’s always dis-heartening to see bills caught in limbo due to political reasons. One of the lobbyists blamed Republicans for the halt because they don’t want to give the Democrat held Senate any love going into the election. Not sure if I agree on that point, as they say they’ve enjoyed bi-partisanship in the past. Either way, the Senate needs to shape up and get this passed. All this renewal ensures is that people use more energy efficient options, and it’s a large industry with plenty of jobs for people. Keep the politics out.

[via: Cnet]