Neighborhood Sun

New Administration will be Huge Boost for Renewable Energy

founder @ Neighborhood Sun

Published on Nov 25, 2020

Now that it's official, we can look at what changes we can expect from the Biden/Harris administration regarding renewable energy. There is every reason to expect that the changing of the guard on January 20th will bring new tailwinds to our industry. 

*    John Kerry has been appointed as a Cabinet-level Special Presidential Envoy on Climate. 

*    Investment tax credits for solar and wind as well as other incentives for renewables.

*  The Biden Climate Plan actually mentions community solar as a part of the solution.

*  New FERC chair, named by Biden, likely to institute carbon pricing.

There are many actions President-Elect Biden can take via Executive Order, but there's bi-partisan support for energy legislation to rebuild our infrastructure and create more jobs. It's an exciting time to be in solar!