Battery and other energy storage companies are seeing their best shot in years at getting an investment tax credit that would kick their industry and renewable energy into higher gear.
The Democratic-controlled House is considering the idea as it looks at how to take action on climate change.
And in the Republican-controlled Senate, there’s a new campaign afoot for an energy storage investment tax credit, led by Sens. Cory Gardner (R-Colo.) and Martin Heinrich (D-N.M.).
Lawmakers who support the credits say they’re needed because while battery prices have declined, battery storage still hasn’t been deployed to a significant ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.
