The Altus Pulse

As the U.S. Senate considers a sweeping tax package passed in late May by the House of Representatives, the U.S. solar industry is sounding the alarm over provisions that could severely undermine the industry's rapid growth, at a time when both power demand and power prices are skyrocketing. At Altus Power, we welcome the opportunity to work with lawmakers to ensure that legislation is effective for all constituents. However, the proposed legislation would likely stall development across the country by abruptly eliminating critical tax incentives, imposing near-immediate construction deadlines and enforcing domestic content rules that the current U.S. supply chain cannot yet support.