Extension of Solar Tax Credit Proposed in Washington

An important and necessary extension of the solar tax credit has been proposed in Washington -- "Securing America's Energy Independence Act"  -- which would extend the solar tax credit for eight years and increase the credit cap from $2000 per system to $2000 per kilowatt.   Because this would extend the credit for eight years (from two years), it is much more likely to help build the solar industry.  According to Renewable Energy Access, "A long-term extension, [experts] say, is essential to reducing the cost of solar energy, as it would create market conditions that allow solar companies to make investments and drive down costs through economies of scale."