Policy Updates

By Tracy Fosterling
on 3/28/2018
  • residential solar
  • solar tax credit
  • utah
Utah Governor Gary Herbert signed a new bill into law (SB 141) that grants an extension to the state’s solar tax credit. The bill extends the cap on the maximum credit each residential solar system can claim under the 25% solar tax credit by two years. This bill provides stability for the Utah solar market as it adapts to changes to rate structures and net metering. read more...
By Tracy Fosterling
on 3/8/2018
  • energy storage
  • investment tax credit
  • IRS
The Internal Revenue Service (IRS) has released a private letter ruling (PLR) related to tax credit eligibility when retrofitting an energy storage system onto a home with an existing solar PV system. The PLR determined that a retrofitted storage system would in fact qualify for a 30% federal investment tax credit (ITC), “under code 25D(d)(2) as a qualified solar electric property expenditure”, assuming that the battery charges entirely from the solar system. read more...
By Adam Gerza
on 12/22/2017
  • 100% bonus depreciation
  • BEAT
  • tax reform bill
On December 22, 2017, President Trump signed into law a $1.5 trillion tax reform bill, which the New York Times called “the most consequential tax legislation in three decades”. The bill has numerous impacts on solar and renewable energy projects in general. Key provisions: Investment Tax Credit (ITC): there is ... read more...
By Tracy Fosterling
on 12/1/2017
  • California
  • peak period shift
  • TOU rate changes
The California Public Utilities Commission (CPUC) has approved peak period shifts for San Diego Gas & Electric (SDG&E), which officially went into effect on December 1, 2017. The changes include a major shift of the time-of-use (TOU) periods, moving the midday summer “on-peak” window from 11am to 6pm, out to 4pm - 9pm. SDG&E becomes the first investor owned utility (IOU) in California to implement these radical changes, as part of their General Rate Case (GRC) filing. Both Pacific Gas & Electric (PG&E), and Southern California Edison (SCE) are looking to follow suit in their pending GRC filings. read more...
By Tracy Fosterling
on 9/29/2017
  • NEM 2.0
  • Net metering
  • utah
The Public Service Commission (PSC) of Utah unanimously approved a settlement deal, reached between Rocky Mountain Power and a group of solar industry advocates, which ends the utility’s full retail credit Net Metering (NEM) program. This effectively means that new solar customers will no longer be reimbursed at a full 1:1 credit for extra energy they export back to the grid. The Utah Solar Energy Association, who was a signatory to the settlement deal commented that “this compromise, which comes with challenges, maintains solar as an affordable and secure investment, encourages self-reliance and promotes choice in our energy market.” read more...