Saturday, October 4, 2008

Solar Tax Credits Passes

I am surprised the solar tax credit passed with the amount of times it had been killed. By putting it in the Wall Street Bill was smart, otherwise it would have been left since congress is now on break. So 8 years of tax credits, that helps a lot for planning. Will it help prices? Probably not in the short term, since there will be an increase in demand with the lower prices to the end user and it takes time to ramp up production (which costs).

So the question is will the solar manufacturers be able to get the credit they need to take advantage of this bill?

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