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 Share this TweetShare on Twitter Share on LinkedInShare on LinkedIn Share on FacebookShare on Facebook Related PostsAdvanced Conductors on Existing Transmission Corridors to Accelerate Low Cost DecarbonizationMarch 15, 2022Potential Customer Benefits of Interregional TransmissionNovember 29, 2021Ensuring Low-Cost Reliability: Resource Adequacy Recommendations for a Clean Energy GridNovember 23, 2021Transmission Planning for the 21st Century: Proven Practices that Increase Value and Reduce CostsOctober 13, 2021Maximizing Cost Savings and Emission Reductions: Power Market Options for the Southeast United StatesSeptember 28, 2021Just & Reasonable? Transmission Upgrades Charged to Interconnecting Generators Are Delivering System-Wide BenefitsSeptember 9, 2021
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