Battery boosters pushing Congress to give industry a tax credit

by Brian Eckhouse and Jennifer A Dlouhy, Bloomberg

Renewable-energy advocates are pushing Congress to create a tax credit for power-storage systems, a move that may help unlock new opportunities for wind and solar nationwide.

A storage tax credit would boost the grid’s resiliency and reliability, they say, key buzzwords in the Trump administration’s campaign to save struggling nuclear and coal-fired power plants. But so far, congressional Republicans aren’t biting.

Read more: https://www.bloomberg.com/news/articles/2018-11-28/battery-boosters-pushing-congress-to-give-industry-a-tax-credit?cmpid%3D=socialflow-twitter-energy&utm_campaign=socialflow-organic&utm_content=energy&utm_medium=social&utm_source=twitter

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