The Solar Energy Industries Association (SEIA) Submits Its Feedback On Clean Energy Tax Provisions To The U.S. Government
Published · 1 min read
In response to the U.S. Department of the Treasury’s request for comments on clean energy tax provisions in the IRA, the Solar Energy Industries Association (SEIA) submitted its feedback. The officials from SEIA stated that multiple tax regulations in the IRA need more precision, for example, whether organizations can apply present “Buy America” domestic content policies to solar and storage locations and how tax credits for low-income communities will be allocated.
SEIA said that Treasury rates should be informational and easy to understand, while apprenticeship programs should have common sense accommodations.
SEIA’s vice president of state and regulatory affairs, Sean Gallagher, stated: “The Inflation Reduction Act’s clean energy tax credit provisions are made to foster job growth and expedite our switch to cleaner energy sources in a ten-year timeframe. With that in mind, we must carry out these plans effectively and efficiently.”
“SEIA is dedicated to guaranteeing that clean energy companies can profit from this law, and our policy experts are constantly working to recognize deficiencies and make suggestions. We will keep cooperating with the administration to optimize these benefits.”
SEIA urges the various federal agencies to provide guidance and collaborate with the industry throughout implementation.
