Solar Industry Leaders See Huge Growth Fueled By Extension Of Tax Credits

When President Bush signed a bill on Oct. 1 that extended the 30-percent federal investment tax credit for both residential and commercial solar installations for eight years, solar enthusiasts said it was the “most significant federal policy ever enacted for the solar industry.”

The legislation, part of the $700 billion federal plan to shore up the U.S. credit system, also extended tax credits for wind and other renewable energy sources for one year.

“This bill is a major ste

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