April 29, 2019 Environmental, Conservation and Clean Energy Coalition Urges Congress to Enact Energy Storage Investment Tax Credit Washington, D.C. – Continuing a steady drumbeat in support of an energy storage investment tax credit (ITC), nine organizations spanning the environmental, conservation and clean energy communities today sent a letter to the House Ways and Means and Senate Finance Committees urging enactment of an energy storage investment tax credit (ITC) as part of any “extenders package” considered this year. In the letter, the organizations called the tax credit “a shared priority,” explaining that it provides “a uniquely near-term and impactful way to accelerate the transition to renewable energy, spur economic growth, and reduce greenhouse gas emissions.” The signing organizations include: American Council on Renewable Energy Environment America Environmental Defense Fund League of Conservation Voters National Audubon Society National Wildlife Federation Natural Resources Defense Council Sierra Club Union of Concerned Scientists Background: Earlier this month, legislation was introduced in both the U.S. House and Senate (H.R. 2096/S.1142) that would modify Section 48 and Section 25D investment tax credits to clarify that energy storage technologies are eligible for the credit. Currently, energy storage technologies are only eligible for the investment tax credit as part of hybrid projects, under a specific and relatively limited set of circumstances. ### LEARN MORE ABOUT THE ORGANIZATIONS: American Council on Renewable Energy Environment America Environmental Defense Fund League of Conservation Voters National Audubon Society National Wildlife Federation Natural Resources Defense Council Sierra Club Union of Concerned Scientists MEDIA CONTACTS: Alex Hobson, ACORE hobson@acore.org | (202) 777-7584 Rob Sargent, Environment America rsargent@environmentamerica.org | (617) 747-4317 Sharyn Stein, EDF sstein@edf.org | (202) 572-3396 Emily Samsel, LCV emily_samsel@lcv.org | 202-454-4573 Anne Singer, National Audubon Society asinger@audubon.org | (202) 271-4679 Mike Saccone, NWF SacconeM@nwf.org | (202) 797-6634 Mark Drajem, NRDC mdrajem@nrdc.org | (202) 297-5444 Brian Willis, Sierra Club Brian.Willis@sierraclub.org | (202) 675-2386 Lisa Nurnberger, UCS LNurnberger@ucsusa.org | (202) 331-6959 About ACORE Founded in 2001, the American Council on Renewable Energy (ACORE) is the nation’s premier pan-renewable organization uniting finance, policy and technology to accelerate the transition to a renewable energy economy. For more information, please visit www.acore.org. Media Contact Alex Hobson Vice President of Communications American Council on Renewable Energy hobson@acore.org | 202.777.7584 (o) | 202.594.0706 (c) Share this TweetShare on Twitter Share on LinkedInShare on LinkedIn Share on FacebookShare on Facebook