Cookie Control

This site uses cookies to store information on your computer.

Some cookies on this site are essential, and the site won't work as expected without them. These cookies are set when you submit a form, login or interact with the site by doing something that goes beyond clicking on simple links.

We also use some non-essential cookies to anonymously track visitors or enhance your experience of the site. If you're not happy with this, we won't set these cookies but some nice features of the site may be unavailable.

By using our site you accept the terms of our Privacy Policy.

(One cookie will be set to store your preference)
(Ticking this sets a cookie to hide this popup if you then hit close. This will not store any personal information)

Trump Admin Gives Renewables More Time To Take Advantage Of Tax Credits

"The Trump administration is making it easier for renewable energy projects to take advantage of certain tax credits amid the coronavirus pandemic.

The Treasury Department and Internal Revenue Service issued a notice Wednesday that said it would give some companies that started construction in 2016 or 2017 an extra year before they have to put their projects in service.

The notice also allows some companies additional time to receive materials for construction in order to meet a requirement to start construction."

Rachel Frazin reports for The Hill May 27, 2020.

Source: The Hill, 05/28/2020