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The race to 2017 is on. At Sol Systems, we are advocating for a multi-year extension of the solar investment tax credit (ITC), followed by a step-down. More at Raceto2017.com

This week, Sol Systems launched a microsite to provide the latest ITC research and news, plus an interactive mapping tool to see which states will win and which will lose after the step down. The firm also announced its official position on the ITC.

“We believe the ITC should step-down and expire, at the right time” stated Yuri Horwitz, CEO, Sol Systems. “The solar industry needs 3-5 more years of the ITC plus a three-year step-down to ensure we refine efficiency and advance technology to a point on par with other sources of energy.”

Raceto2017.com responds to the economic and environmental risks the US will face if the ITC expires on December 31, 2016, such as the 80,000 jobs and 8GW of solar would be lost according to Bloomberg New Energy Finance.

Raceto2017.com aims to expand and deepen the impact of other efforts by SEIA and other organizations to extend the ITC. Accordingly, it offers:

  1. Research with interactive map tool to predict which states will win and which will lose with the expiration of the ITC;
  2. News and information for all perspectives;
  3. Opportunities to weigh in on the issue; and
  4. Easy links to take action and connect with other efforts.

We welcome your input and feedback as we continue to develop content for the site.

ABOUT SOL SYSTEMS

Sol Systems is a solar energy finance and investment firm. The company has facilitated financing for 333MW of solar projects on behalf of Fortune 100 corporations, insurance companies, utilities, banks, family offices, and individuals. Sol Systems provides secure, sustainable investment opportunities to investor clients, and sophisticated project financing solutions to developers. The company’s tailored financial services range from tax structured investments and project acquisition, to debt financing and SREC portfolio management. Inc. Magazine named Sol Systems on its annual Inc. 500 list of the nation’s fastest-growing private companies for a second consecutive year, ranking it No. 6 in the nation’s top solar companies in 2014. For more information, please visit www.solsystems.com.

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