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Energy Gang

Does the US Solar Industry Need the Federal Tax Credit?

Energy Gang

Wood Mackenzie

Tech News, Environment, Sustainability, Innovation, Renewable Energy, Technology, Alternative Energy, Energy, News, Cleantech, Wind Energy, Business, Climate Change, Solar Energy

4.61.3K Ratings

🗓️ 26 March 2015

⏱️ 49 minutes

🧾️ Download transcript

Summary

The federal investment tax credit has enabled dramatic growth in the U.S. solar industry. But its looming expiration in 2017 is causing some within the solar business to ask: will it still be needed to continue that growth? The industry’s national lobbying group unequivocally supports an extension. President Obama supports a permanent credit. But some believe installers will still be able to compete in many markets, even when the credit goes to 10% for commercial and third-party owned systems and zero for everything else. In this week’s episode, Barry Cinnamon of Cinnamon Solar joins the Energy Gang to debate the necessity of the federal tax credit. He argues that it will destroy smaller installation companies like his, and talks about how to prepare for the change. Later in the show, we’ll explain why Germany’s grid didn’t implode during last week’s solar eclipse. Then, we’ll look at Senate Majority Mitch McConnell’s bid to stop EPA carbon regulations by lobbying state regulators and relying on arguments from a famous constitutional law professor. This podcast is sponsored by Kaco New Energy, a leading manufacturer of solar PV inverters for every size and module type. The Energy Gang is produced by Greentechmedia.com. The show features weekly discussions between energy futurist Jigar Shah, energy policy expert Katherine Hamilton and Greentech Media Editor Stephen Lacey. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:00.0

This week's podcast is brought to you by Kako New Energy.

0:04.0

Kako is a German inverter manufacturer that strongly believes in the strength of the US solar market.

0:10.0

Its headquarters and production facility are based in San Antonio, Texas, part of a network that includes offices in 16 countries and 850 employees.

0:18.0

Kako makes inverters for every project size from residential to utility scale.

0:23.0

To read up on Kaco's different inverter models or to contact the company,

0:27.0

visit Kaco-New Energy.com.

0:30.0

For the week of March 26th, 2015, this is the Energy Gang from Green Tech Media.

0:47.0

In Washington, D.C. I'm Green Tech Media Editor Stephen Lacy. Welcome to the program.

0:51.9

In this show, we are taking the investment tax credit head on.

0:56.2

Does U.S. Solar needed after 2016?

0:59.1

The industry is split.

1:00.7

Is the current phase-out fair?

1:02.4

Many don't think so.

1:03.4

Our guest, Barry Cinnamon, will join to discuss and perhaps spar a bit with jigger.

1:08.3

In the second part of the program, we'll take a look at why Germany's grid didn't blow up during last week's solar

1:14.0

eclipse. And we'll also talk about Senate Majority Leader Mitch McConnell's plan to stop EPA carbon

1:19.6

regulations in a historically unique way.

1:23.0

Also in Washington, D.C.

1:25.0

here to track people like Mitch McConnell

1:27.0

so you don't have to, is my co-host,

1:29.0

Catherine Hamilton.

1:30.0

She's a partner with 38 North Solutions.

...

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