HSEA COMMENDS STATE SENATE APPROVAL OF RENEWABLE ENERGY TAX CREDIT BILL Tax Credits Support Local Economy, Hawaii’s Renewable Energy Goals HONOLULU— HSEA Executive Director Leslie Cole-Brooks released the following statement on the passage of SB 623 SD 1, by the Senate Ways and Means Committee: “HSEA commends the Senate Ways and Means Committee for passing out SB 623 SD 1, which will close renewable energy tax credit loopholes while ensuring that these tax credits remain available to consumers. Renewable energy tax credits significantly increase affordability and accessibility of solar systems to consumers and businesses and are an essential part of a comprehensive set of policies needed to lead Hawaii to its renewable energy goals. “Renewable energy tax credits already have and will continue to benefit the entire State of Hawaii, not just those individuals and businesses that take advantage of them. Not only do these credits encourage positive changes in consumer behavior, they also save Hawaii billions of dollars annually that would otherwise be spent on imported foreign oil, thus helping to keep money in Hawaii where it creates local jobs and generates additional tax revenue.”
Posted on: Wed, 21 Aug 2013 09:36:12 +0000
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