Letter of support for S. 1868 clarification of Sec 48 ITC
ESA and several companies sent a letter today to request Congress to adopt tax policies that foster economic opportunity and job creation by promoting a resilient, reliable, and cost-effective electric system. We ask you to support the bipartisan Energy Storage Tax Incentive and Deployment Act (S. 1868), a measure that would clarify the investment tax credit (“ITC”) in Section 48 of the tax code includes advanced energy storage as an eligible technology.