WHAT'S NEXT

Keep Renewable Energy and Jobs Growing in 2011
  1. Signatures
    140 out of 1,000
    Petitioning
    1. The President of the United States (+ 2 others)
      Petitioning
      close
      • The President of the United States
      • The U.S. Senate
      • The U.S. House of Representatives
  2. Created By
    Zachary Shahan
    Sarasota, FL
About this Petition Petition Letter Petition Updates
How We Won

Dec 29, 2010

A successful last-minute push for the lame duck Congress to extend a treasury grant program for the renewable energy industry worked. Thanks to its passage, U.S. solar, wind and other renewable industries can keep growing in 2011.

The most important decision for the clean energy industry in the years to come is a decision that must be made very soon, whether or not to extend the Treasury Grant Program (TGP) in 2011 as part of the tax legislation compromise currently being hashed out in Congress. 

The TGP (aka Section 1603 of the American Recovery and Reinvestment Act) "allows the owner of commercial solar [or other renewable energy] property to receive a 30 percent grant, in lieu of taking the solar Investment Tax Credit (ITC)." Solar power (and jobs) more than doubled in 2010 and solar power is expected to more than double again in 2011 if the 1603 tax credit is extended, but it is expected to flat-line or even contract if not. The wind industry also risks losing "tens of thousands" of jobs if the program is not extended.

In total, approximately $5 million of investment have leveraged approximately $18 billion in investment since August 2009 (an amazing return on investment for the American public).

This grant program is a do or die program for clean energy in 2011, and is too important of an issue to sit on the fence about. Sign the petition below now to keep it going and to keep improving our economy while protecting the environment.

Photo Credit: Wayne National Forest via flickr
Recent Signatures

Extend Treasury Grant Program (Section 1603 of the ARRA) in Tax Legislation

Greetings,

The Treasury Grant Program (or Section 1603 of the American Recovery and Reinvestment Act) needs to be extended in order to create highly-needed economic and job growth in the US.

Solar power (and solar jobs) more than doubled in 2010 and solar power is expected to more than double again in 2011 if the 1603 tax credit is extended, but it is expected to flat-line or even contract if not. The wind industry also risks losing "tens of thousands" of jobs if the program is not extended.

In total, approximately $5 million of investment have leveraged approximately $18 billion in investment since August 2009 due to the 1603 tax credit (an amazing return on investment for the American public).

Th TGP is a critical program for the economic health and growth of the US, and is too important of an issue to sit on the fence about. Please ensure that it is extended as part of the federal tax legislation that is being worked on right now in Congress.

[Your name]

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