As US Senators vote on the tax reconciliation bill, experts Jessica Dunn of Union of Concerned Scientists (UCS) and Tonja L. Wicks of esVolta discuss its potential impact.
Q2 2025 saw the sharpest jump in battery energy storage system (BESS) prices since 2021, according to procurement platform Anza Renewables’ Q2 US energy storage pricing insights report.
Investment tax credit (ITC) incentives for energy storage have been included in the US House of Representatives’ chief tax-writing committee, along with extensions to the solar ITC and reintroduction of a solar production tax credit (PTC).
Advocating for an investment tax credit for energy storage, a Day of Action will be launched tomorrow (8 September 2021) by the US national Energy Storage Association.