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FMRC hears federal tax‑credit, tariff outlook; staff say most development pipeline is insulated
Summary
Staff summarized congressional reconciliation proposals, tariff volatility and impacts on the agency’s developing renewable portfolio; presenters said most of the agency’s under‑development projects have safe‑harbored equipment or begun construction and are therefore less exposed to immediate tax‑credit or tariff risk.
San Diego Community Power staff briefed the Finance and Risk Management Committee on June 12 about federal tax‑credit proposals, recent U.S. tariffs, and implications for the agency’s developing power‑supply portfolio.
Patrick Wells, associate director of legislative affairs, summarized competing federal proposals including HR 1, which would shorten the window for capturing investment and…
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