12 Jan '18, 6pm

@SecretaryRoss: Economic fundamentals, @FERC decision, and markets favor #solar - advise no on ITC remedy.

@SecretaryRoss: Economic fundamentals, @FERC decision, and markets favor #solar - advise no on ITC remedy.

Policy – particularly stable, comprehensive policy - drives markets. When policymakers row in the same direction, investors and developers respond. The tax bill frees capital that corporations can use to reinvest in their businesses. The potential 2018 Infrastructure bill signals massive direct government investment in America’s transportation and energy networks . The contract structure solar provides – fixed, low cost wholesale energy – saves large energy users significant operation expenses and allows them to hedge against more volatile expenses. Together, these policies compound to create the low-tax, low operational expense environment supported with government-backed capital injection that collectively represent a proven formula for rapid economic growth. In contrast, doubling the cost of solar through tariffs would be like driving a car while slamming on the brakes ...

Full article: http://www.acore.org/acore-blog/item/4328-when-common-sen...

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