1603 Treasury Program

Solar Energy
4:50 pm
Thu December 15, 2011

Mo. solar energy companies call to extend federal renewable energy tax grant

This array of solar panels on top of a building helps power the Missouri Botanical Garden in St. Louis.
(via Facebook/Missouri Solar Energy Industries Association)

Missouri solar energy companies are calling for Congress to extend a federal tax grant for renewable energy.

The 1603 Treasury Program lets solar, wind, and other renewable energy developers take an existing 30 percent tax credit as a cash grant, instead.

The executive director of the Missouri Solar Energy Industries Association, Heidi Schoen, says the tax grant program has driven investment in renewable energy projects nationwide.

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