Investment Tax Credit for Regionally Significant Transmission Lines: A Description and Analysis

Investment Tax Credit for Regionally Significant Transmission Lines: A Description and Analysis, a report produced by Grid Strategies on behalf of the American Council on Renewable Energy, assesses the impacts and benefits of a tax credit for transmission investment. The report finds that a 30 percent investment tax credit would create over 650,000 good-paying jobs, add 30,000 megawatts of renewable energy capacity to the grid, deploy more than $15 billion in private capital investment, and provide $2.3 billion in energy cost savings for the lower 80% of income brackets.

Investment Tax Credit for Regionally Significant Transmission Lines: A Description and Analysis