- Associated Press - Sunday, December 20, 2015

MONTPELIER, Vt. (AP) - Vermont’s largest solar installer is hailing news that a federal tax credit seen as a boon to the industry has been extended for another five years.

The 30 percent income tax credit for solar investments was set to expire, but Congress has agreed to let it continue.

Officials at Waterbury-based SunCommon are calling that great news.

But recent events have not been all sunshine for Vermont’s burgeoning solar industry. Some utilities in the state have been shutting down their offers for net-metering, in which solar investors get to sell them power. The utilities say they’ve reached their capacity to take such power.

LOAD COMMENTS ()

 

Click to Read More

Click to Hide