Solar Energy Incentives Signed Into Law in San Fran, Still Stalled in Senate
photo by Steve Rhodes
Last week we passed on the news about San Francisco’s solar incentives being approved and how the Senate failed to act on a bill which would extend, both in time and extent, Federal tax incentives for renewable energy. Here are some further information:
San Fran incentives to be signed by mayor
At a press conference later today San Francisco mayor Gavin Newsom intends to sign into law the largest city solar promotion program in the United States. The 10 year long program will enable rebates of between $3000 and $6000 for individuals, and up to $10,000 for businesses who install photovoltaic systems.
Senate fails to move on HR 6049
Though supporters of the Energy Independence and Tax Relief Act of 2008 gained two votes as compared to last week’s vote, the bill still failed to escaped being filibustered by opponents. If it ever eventually passes, the bill will mean $18 billion in tax incentives for investment in renewable energy, carbon capture and sequestration projects, energy efficiency improvements and conservation efforts. A summary of the House version of the bill is available, for those who wish to see exactly what’s at stake here.