Senate Passes Strongest National Policy for Solar Energy in Two Decades, Says SEIA

U.S. Newswire, June, 2005

WASHINGTON, June 28 /U.S. Newswire/ -- For the first time since 1982, homeowners will receive a federal tax credit to install solar energy systems if the energy bill passed by the Senate today becomes law.

The Senate bill would give homeowners that purchase solar electric or water heating systems a credit worth up to $2,000, and boost incentives for businesses to install solar as well. The credit would be available to homeowners through the end of 2009, and to businesses through the end of 2011.

The Solar Energy Industries Association (SEIA), representing over 700 companies and 20,000 employees in the US solar energy industry, applauded the inclusion of tax credits for solar power as the industry's top legislative priority in the Energy Bill. Industry leaders said...

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