In response to the U.S. Department of the Treasury’s request for comments on clean energy tax provisions in the IRA, the Solar Energy Industries Association (SEIA) submitted its feedback. The officials from SEIA stated that multiple tax regulations in the IRA need more precision, for example, whether organizations can apply present “Buy America” domestic content policies to solar and storage locations and how tax credits for low-income communities will be allocated.
SEIA said that Treasury rates should be informational and easy to understand, while apprenticeship programs should have common sense accommodations.
SEIA’s vice president of state and regulatory affairs, Sean Gallagher, stated: “The Inflation Reduction Act’s clean energy tax credit provisions are made to foster job growth and expedite our switch to cleaner energy sources in a ten-year timeframe. With that…
