Dear Senators Catherine Cortez Masto and Jacky Rosen:
On behalf of the geothermal industry, we write in support of the Solar and Geothermal Tax Credit Expansion Act and to express our appreciation for your leadership in supporting geothermal energy.
As the professional association for the geothermal industry and community, the GRC can attest to the vital importance clean energy tax credits have been to the success of geothermal energy business, and strongly supports and applauds your leadership in extending and enhancing the §48 investment tax credit (ITC) and §25 residential renewable energy tax credit.
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From the Global Geothermal News archives:
- Thursday, January 30, 2020 - USA, Nevada: Legislation Would Expand Investment Tax Credit for Geothermal to Full 30% Rate for 5 Years