Advanced Energy Management Alliance Supports New Microgrid Tax Credit

The Advanced Energy Management Alliance (“AEMA”) fully supports a bill introduced by Congressman Jimmy Panetta (D-CA) that would provide a 30% tax incentive for microgrid development. Local governments and non-profits could take this credit as a direct payment, ensuring that entities with no tax burden are able to deploy crucial clean energy resources that increase resilience while reducing carbon pollution.

“AEMA commends Mr. Panetta for his leadership,” stated Katherine Hamilton, Executive Director of AEMA. “Microgrids are a crucial part of a distributed, consumer-centric electric grid. We believe this tax credit would provide certainty to innovators and their local partners, fostering development of clean energy resources where they will be most needed and where consumers stand the most to benefit.”

 

 

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