October 1, 2022

Rocky Daily News

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‘This is transformative, there’s no doubt’: Clean energy industry leaders say new law will bring windfall to Colorado solar

1 min read

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With more than $300 Billion headed to clean energy as part of the Inflation Reduction Act, Colorado’s solar industry is expecting an explosion in business.  

“This is transformative, there’s no doubt. This is a 10-year signal that we’re ready to do business in the United States on clean energy,” said Annie Lappe, the Vice President of Policy and Impact at Pivot Energy. 

“Right now, solar energy accounts for three percent of our U.S. energy supply. With the incentives in this bill, which again are going to bring the price down of solar energy, we’re going to see the demand for it skyrocket. We could get to 30 percent Solar by 2030,” Lappe added.   

The money and a long-term tax credit are expected to stabilize renewable energy markets that have been in flux for years with…

Jeff Todd

2022-08-15 21:27:00

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