The holidays are quickly approaching and both adults and children are getting in the spirit, hoping that wishes large and small come true this season.
As chief executive officer of Crystal Mountain Resort and Spa, I will be hoping for a package of a different size and scope under the tree — a package of pro-business, pro-renewable energy legislation signed, sealed and delivered on both a state and national level. Countless businesses, like mine, stand to benefit from policies that contribute to the falling prices of renewable energy.
The U.S. House of Representatives is currently considering legislation that would extend the Production Tax Credit and Investment Tax Credit for renewable energy products. The decision to do so could build on the tremendous success the policies have had nationwide. A five-year extension of the ITC alone would lead to 32 percent more solar deployment from 2016-2022. The growth would have a tremendous impact on jobs in Michigan, creating 31 percent more yearly employment opportunities. Alternately, if Congress fails to extend the ITC, solar deployment alone will drop 28 percent from 2016-17.
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