SUN Act

Solar Uniting Neighborhoods (SUN) Act - Colorado Solar Industry

by Rich Hessler Solar on Mar 19, 2010

Senator Mark Udall from Colorado revealed the Solar Uniting Neighborhoods (SUN) Act yesterday (March 18, 2010). The SUN Act allows residents who invest in solar system projects for their communities to receive the same 30% tax credit as homeowners. This provides an excellent incentive for communities around Colorado to invest in renewable energy systems to power their communities. This will increase the demand for solar in Colorado, bringing solar jobs when they are needed most. In addition, Senator Udall hopes that it will push Colorado to set the solar standard for the country. Just like the 30% solar tax credit for homeowners, the SUN Act has no limit and expires in 2016. With the implementation of solar credits, state and federal governments are hoping to decrease the cost of photovoltaic solar systems (so the tax credit is no longer needed). This will usher in a new era of abundant, renewable energy to power a renewable economy. This should be the break that communities...Read More >>