Congress Extends Tax Credits for Solar and Wind Energy

In December 2006, Congress passed a last-minute extension of several tax credits related to renewable energy resources. The one-year extension covers tax credits, set up in the Energy Policy Act of 2005, for the installation of residential and commercial photovoltaic equipment, the construction of energy-efficient buildings, and the production of energy from wind and other renewable sources (see

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Vol. 14, No. 9). Originally set to expire in December 2007, these tax credits will now be in place through December 2008.