Lawmakers reportedly reached a deal on 5 years extension of 30% tax credits for solar energy
U.S. Democrats recently said they were open to a lift of the four-decade-old ban on crude oil exports, if Republicans would allow the bill to include an extension of the federal tax credit for solar installations, which is currently set to decrease from 30% to 10% in 2017.
Reports from earlier this week suggested that Democrats were looking for a 10-year extension, but today we learn that both parties have agreed to a 5-year extension.
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