Energy Storage System Income Tax Credit

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AI Summary: The Energy Storage System Income Tax Credit bill proposes to provide a tax credit for the installation of energy storage systems. The main purpose of this bill is to incentivize the adoption of energy storage technology, which can help enhance grid reliability, promote renewable energy integration, and reduce greenhouse gas emissions. This tax credit aims to encourage individuals and businesses to invest in energy storage systems by offsetting some of the associated costs. By doing so, it can accelerate the deployment of energy storage technologies across the United States and contribute to a more sustainable and resilient energy infrastructure.

Latest Action: Sent to HPREF - Referrals: HPREF

Comments Contributions Actions (4) Sponsors (2) Cosponsors (0) Text Versions (1) Roll Calls (0) Amendments (0) View All

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Actions (4):

  • 2024-01-16 : Sent to HPREF - Referrals: HPREF

  • 2024-01-17 : Sent to HENRC - Referrals: HENRC/HTRC

  • 2024-01-24 : HENRC: Reported by committee with Do Pass recommendation with amendment(s)

  • 2024-01-24 : Action Postponed Indefinitely

Text Versions (1):