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Council clears two solar resolutions to preserve federal tax‑credit options, including low‑income set‑aside
Summary
The council approved a resolution confirming no interconnection agreement is required for a municipal solar project and approved a second resolution to pursue a qualified low‑to‑moderate‑income benefit program to secure additional federal tax credits, with a Feb. 14 deadline to be 'in line' for priority consideration.
Speaker 5 (Glenn) told the council the city could pursue up to about 3 megawatts of municipal solar and that recent federal rule changes add as much as 20 percentage points to a project’s tax credit if the project establishes a qualified low‑to‑moderate‑income benefit program. Glenn said that, combined with existing base credits (described in the packet as roughly 30% or 40% depending on domestic content…
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