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Committee approves substitute to refine commercial wind and solar tax credits, adds storage-duration requirement
Summary
Senate Bill 192 first substitute, refining commercial wind and solar tax credits and adding a six-hour energy-storage-duration standard, was favorably recommended to the full Senate after sponsor testimony and industry support.
Senate Bill 192 (first substitute), presented by Senator Rollins, received a unanimous favorable recommendation from the Senate Transportation, Public Utilities, Energy & Technology Committee after sponsor remarks and supportive testimony from industry and clean-energy advocates.
Rollins said the measure refines existing commercial wind and solar tax credits to better target incentives as the solar industry grows and to promote energy storage and reliability. The…
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