The ‘mad rush’ to install solar panels before tax credits run out

1 month ago 31
Art depicts star  panels connected  a location  rooftop.

Ed Murray has been successful the star concern agelong capable to retrieve the bloodbath of 1985. That's erstwhile President Ronald Reagan ended Jimmy Carter-era star taxation credits meant to alteration US reliance connected fossil fuels following the 1970s lipid crisis.

"It was a bittersweet time," says Murray, who is president of the commercialized radical California Solar & Storage Association. Membership to the enactment (which hadn't yet added "storage" to its name) fell from 670 companies to conscionable 37 "almost overnight," Murray says, arsenic hundreds of businesses went nether without the taxation credit. "I anticipation that that doesn't hap to america again." (Then-California Gov. George Deukmejian a …

Read the afloat communicative astatine The Verge.

Read Entire Article