Lawmakers in Washington are considering a multibillion-dollar extension of a tax credit for the solar industry, but one Houston-based solar panel installer is saying “no thanks.”
In a letter to leaders of the House and Senate tax writing committees, Sunnova Energy Corp. said an investment tax credit offered to commercial and residential solar projects should be allowed to expire.
“Extreme claims are being made about the number of jobs that will be lost and the number of companies that will go out of business once the ITC steps down or sunsets as planned,” Sunnova Chief Executive Officer William J. Berger ...
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